The board of directors of Luen Thai Holdings Limited announced that Mr. Joerg Kornblum (Mr. Kornblum) has notified the Board of his plan of retirement and will retire from his position as chief financial officer of the Company (the CFO) with effect from 1 January 2024. Following the retirement of Mr. Kornblum as the CFO, the Board announced that Mr. Chiu Chi Cheung (Mr. Chiu), the current company secretary of the Company (the Company Secretary'), has been appointed as the CFO effective from 1 January 2024. Mr. Chiu has over 30 years of experience in the field of company secretarial, auditing and accounting.

He joined the Group in 2002. Prior to joining the Group, he was an auditing manager of an international auditing firm. Mr. Chiu is a fellow member of the Association of Chartered Certified Accountants and an associate member of the Hong Kong Institute of Certified Public Accountants.

Mr. Chiu holds a Bachelor of Business Administration degree from the University of Hong Kong.