The board of directors of Wai Kee Holdings Limited announced that Ms. Tsang Wing Yee ("Ms. Tsang") has been appointed as an Independent
Non-executive Director of the company and a member of each of the Audit Committee, Nomination Committee and Remuneration Committee of the Company with effect from October 27, 2023. Ms. Tsang, age 52, is a Chartered Financial Analyst Charterholder, a member of Hong Kong Institute of
Certified Public Accountants, a fellow member of the Association of Chartered Certified Accountants and a Registered Business Valuer of the Hong Kong Business Valuation Forum. Ms. Tsang attained a bachelor's degree in business administration from The University of Hong Kong and a master's degree
of science in financial management from The University of London. She has been a licensed person under the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong) (the "SFO") permitted to carry out type 6 (advising on corporate finance) regulated activities since August 2003. Ms. Tsang has extensive experience in corporate finance, investment and corporate management. She is currently the Managing Director and a responsible officer (as defined under the SFO) of Crescendo Capital Limited, a licensed corporation under the SFO to carry out Type 6 (advising on corporate finance) regulated activities in which she is responsible for the overall management and the provision of financial advisory services to clients. Currently, Ms. Tsang is an independent non-executive director of Mi Ming Mart Holdings Limited and World Houseware (Holdings) Limited. Ms. Tsang has entered into a letter of appointment with the Company for an initial period commencing from October 27, 2023 to February 29, 2024 and is subject to retirement by rotation and re-election pursuant to the bye-laws of the Company.