The board of directors of Lai Sun Garment (International) Limited (Company) announced that, with effect from 2 June 2023, Mr. Chew Fook Aun ("Mr. Chew") will be re-designated from an executive director ("Executive Director") to a non-executive director ("Non-executive Director") of the Company (Re-designation) but will remain as Deputy Chairman of the Company. Following his Re-designation, Mr. Chew will cease to be a member of the executive committee ("Executive Committee"), the remuneration committee (Remuneration Committee) and an alternate to Dr. Lam Kin Ngok, Peter of the nomination committee ("Nomination Committee") of the Company. He will also cease to act as an authorised representative of the Company (Authorised Representative) under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Mr. Chew Fook Aun, aged 61, was appointed the Deputy Chairman and an Executive Director of the Company in June 2012. He is also a director of number of subsidiaries of the Company before the Re-designation. Mr. Chew will be re-designated from an executive director to a non-executive director but will remain to act as the deputy chairman of each of the Company and Lai Sun Development Company Limited (LSD) with effect from 2 June 2023.

Mr. Chew will resign as an executive director of eSun Holdings Limited (eSun) with effect from 2 June 2023 and will be re-designated from the chairman and an executive director to the deputy chairman and a non-executive director of Lai Fung Holdings Limited (LFH) with effect from 2 June 2023. Mr. Chew has over 30 years of experience in accounting, auditing and finance in the United Kingdom (UK) and Hong Kong. He graduated from the London School of Economics and Political Science of the University of London in the UK with a Bachelor of Science (Economics) degree.

Mr. Chew is a certified public accountant, a Fellow Member of The Institute of Chartered Accountants in England and Wales (ICAEW), the Hong Kong Institute of Certified Public Accountants (HKICPA) and The Hong Kong Institute of Directors (HKIoD). The Board announced that, with effect from 2 June 2023, Mr. Yang Yiu Chong, Ronald Jeffrey ("Mr. Yang") will be appointed an Executive Director, a member of the Executive Committee, a member of the Remuneration Committee, an alternate to Dr. Lam Kin Ngok, Peter of the Nomination Committee and the Authorised Representative of the Company. Mr. Yang Yiu Chong, Ronald Jeffrey, aged 56, has over 30 years of experience in finance and investment arena in Greater China and North America.

Mr. Yang has a double bachelor degree in Accounting and Finance from Boston University, the United States of America. Mr. Yang held senior management position in several listed companies and the issued shares of which are listed and traded on the Stock Exchange. He was also a Responsible Officer and has participated in numerous corporate finance activities for many listed companies in Hong Kong, as well as worked in a leading international bank.

Mr. Yang joined LSD as Chief Investment Officer in September 2020. He worked for Sing Tao News Corporation Limited, a listed company and the issued shares of which are listed and traded on the Stock Exchange, for over 18 years where he held senior management positions as well as serving as an Executive Director. Mr. Yang worked as Senior Vice President of Corporate Finance of Global China Technology Group Limited, and completed the acquisition of and the merger with Sing Tao News Corporation Limited.

He worked for Leefung-Asco Printers Holding limited for over 10 years where he participated and successfully completed their initial public offering on the Stock Exchange. He also worked in the Corporate Banking and the Corporate Finance department of Citibank Hong Kong after obtaining the university degree. Mr. Yang Yiu Chong, Ronald Jeffrey will be appointed a member of Executive Committee, a member of Remuneration Committee and an alternate to Dr. Lam Kin Ngok, Peter of the Nomination Committee of the Company with effect from 2 June 2023.

Mr. Yang Yiu Chong, Ronald Jeffrey will be appointed an Authorised Representative under Rule 3.05 of the Listing Rules with effect from 2 June 2023.