The board of directors of Crocodile Garments Limited announced that Mr. Woo King Hang ("Mr. Woo") has been appointed as an independent non-executive Director ("INED") with effect from 28 January 2022. Mr. Woo, aged 60, has extensive experience in financial and business management. Mr. Woo is currently the vice chairman of the board of directors and a non-executive director of Centenary United Holdings Limited.

The Board has appointed Ms. Lam Wai Shan, Vanessa ("Ms. Vanessa Lam", the chairman of the Board, executive Director ("Executive Director") and chief executive officer of the Company), Mr. Fung Cheuk Nang, Clement ("Mr. Clement Fung") and Mr. Woo (both are INEDs) as members of the Nomination Committee; and Ms. Vanessa Lam has been appointed as the chairman of the Nomination Committee. The Board announced that with effect from 28 January 2022, the composition of the Board Committees has been changed as follows: Mr. Woo has been appointed as a member of the audit committee of the Company ("Audit Committee"). Ms. Vanessa Lam, who is a member of the executive committee of the Company ("Executive Committee"), has been appointed as chairman of the Executive Committee.

Ms. Vanessa Lam has been appointed and Mr. Edward Wan and Mr. Chow Bing Chiu (non-executive Director) have ceased as members of the remuneration committee of the Company ("Remuneration Committee"). Accordingly, the members of the Remuneration Committee comprise two INEDs, namely Mr. William Leung and Mr. Clement Fung and an Executive Director, namely Ms. Vanessa Lam; and Mr. William Leung remains as chairman of the Remuneration Committee.