FSE Lifestyle Services Limited announced that Mr. Lam Wai Hon, Patrick, who is the executive Director and vice-chairman of the Company, will be re-designated from vice-chairman of the Company to executive vice-chairman of the Company with effect from 1 June 2022. Mr. Lam, aged 59, was appointed an executive Director and a member of the Remuneration Committee of the Board in April 2016, and became the vice-chairman of the Company in January 2017. He is on the boards of various companies within the Group, and is responsible for the overall strategic planning of the Group.

Mr. Lam is currently an executive director and the chief executive officer of FSE Holdings Limited, a controlling shareholder of the Company. He was a non-executive director of NWS Holdings Limited, a listed public company in Hong Kong, up to his retirement on 25 November 2020. Mr. Lam was appointed as the alternate director to Mr. Doo William Junior Guilherme, a non- executive director of NWS Holdings Limited with effect from the same day.

Mr. Lam is a fellow of the Hong Kong Institute of Certified Public Accountants and the Institute of Chartered Accountants in England and Wales, and a member of the Chartered Professional Accountants of Ontario, Canada. He is a member of the Asia Advisory Board of the Ivey Business School, Western University, Canada. Mr. Lam is currently holding 4% interest in FSE Holdings Limited, a controlling shareholder of the Company, through his controlled corporation.