K. Wah International Holdings Limited announced executive changes with effect from the conclusion of the AGM held on June 7, 2023. Dr. William Yip Shue Lam retired as an independent non-executive director of the Company and ceased to act as the chairman of each of the Audit Committee and the Remuneration Committee of the Company and a member of the Nomination Committee of the Company. Dr. William Yip Shue Lam had decided to allocate more time for his personal affairs and not to stand for re-election as an INED at the AGM.

Mr. Nip Yun Wing, currently an INED and a member of the Audit Committee, has been appointed as the chairman of the Audit Committee and a member of the Remuneration Committee. Mr. Wong Kwai Lam, currently an INED and a member of each of the Remuneration Committee and the Nomination Committee, has been appointed as the chairman of the Remuneration Committee and will continue to be a member of the Nomination Committee. Mr. Cheung Kin Sang, currently an INED, has been appointed as a member of each of the Audit Committee and the Nomination Committee.