The board of directors of Man Wah Holdings Limited hereby announced that with effect from 31 December 2020, for the purpose of pursuing her other personal commitment, Ms. Yang Huiyan will resign as an Executive Director, a member of each of the remuneration committee and the nomination committee and all other directorships and positions held by Ms. Yang within the Group or with associated companies of the Group in Hong Kong, Mainland China and elsewhere, if any, will cease accordingly.