The board of directors of Milan Station Holdings Limited together with its subsidiaries announce that Ms. Lin Mei Sze ("Ms. Lin") has been appointed as an executive director and chairman of the Company with effect from 13 July 2021. Ms. Lin, aged 36, currently the senior management of a sizable financial firm who responsible for decision making on the operations including but not limited to financial, compliance control, risk management, business development and monitoring the performance of the management to ensure the proper planning, authorization and implementation of business operations. She has over 16 years of experience in the areas of retail and online marketing of fashionable and luxury products. She is familiar with retail business, personnel management and has rich experience in operations and marketing development. She also has extensive experience in financial investments. The emolument of Ms. Lin is determined by the Board with reference to her duties and responsibilities, the Company 's performance and profitability, prevailing market rate and the recommendation of the Remuneration Committee of the Company.