Sun Art Retail Group Limited announced that with effect from 31 January 2021 (1) Mr. Desmond MURRAY has resigned as an Independent non-executive Director of the Company and the chairman of the audit committee (the "Audit Committee"), and a member of the nomination committee (the "Nomination Committee") and the remuneration committee (the "Remuneration Committee") of the Company; (2) Mr. HE Yi ("Mr. He") has resigned as an Independent non-executive Director of the Company and the chairman of the Nomination Committee, and a member of the Audit Committee and the Remuneration committee of the Company; (3) Mr. Charles Sheung Wai CHAN ("Mr. Chan") has been appointed as an Independent non-executive Director, and the chairman of the Audit Committee and a member of the Nomination Committee and the Remuneration Committee of the Company; and (4) Mr. Dieter YIH ("Mr. Yih") has been appointed as the chairman of the Nomination Committee of the company. The Board announced that with effect from 31 January 2021, Mr. Chan has been appointed as an Independent non-executive Director of the Company.