The Board of Directors of World Houseware (Holdings) Limited announced that, with effect from 1 November 2021, Mr. Shang Sze Ming ("Mr. Shang") ceased as an Independent Non-executive Director, member of Audit Committee, Remuneration Committee, Nomination Committee and Risk Committee of the Company upon the services agreement signed between "Mr. Shang" and the "Company" expired on 31 October 2021. To the best of the Board's knowledge and belief, "Mr. Shang" has no disagreement with the Board. The Board would like to take this opportunity to express its appreciation to "Mr. Shang" for his valuable contribution to the Company in the past.