The board of directors of Xinyi Glass Holdings Limited announced that Dr. WONG Ying Wai, G.B.S., J.P. ("Dr. WONG") and Mr. TAM Wai Hung, David ("Mr. TAM"), both are independent non-executive Directors, have decided to retire from the directorship at the forthcoming annual general meeting (the "AGM") of the Company as they wish to devote more time on their personal and business ventures. Dr. WONG will cease to be the member of each of the audit committee,
remuneration committee and nomination committee of the Board; Mr. TAM will cease to be a member of the audit committee of the Board; Mr. LAM Kwong Siu (on the basis that his re-election as an independent
non-executive Director has been approved at the AGM) will be re-designated as
a member of the audit committee of the Board.