The Board of 1957 & Co. (Hospitality) Limited announced the appointment of Ms. Chan Siu Wan as a non-executive Director with effect from 30 November 2020. The Company has entered into a letter of appointment with Ms. Chan for a term of 3 years commencing from 30 November 2020. Ms. Chan will be entitled to an annual remuneration of HKD 84,000, the amount of which is determined by the Board with reference to the recommendation of the remuneration committee of the Board, and she is subject to retirement by rotation and re- election at the Company's annual general meetings pursuant to the articles of association of the Company and as required under the Rules Governing the Listing of Securities on GEM of the Stock Exchange.