The board of directors of Shirble Department Store Holdings (China) Limited announced that Mr. FOK Hei Yu, has tendered his resignation as an independent non-executive Director, the chairperson of the audit committee of the Company, a member of the nomination committee of the Company and a member of the remuneration committee of the Company with effect from 30 March 2021 in order to devote more time to his other business engagements. The Board also announced that Mr. TSANG Wah Kwong has been appointed as an independent non-executive Director, the chairperson of the audit committee of the Company, a member of the nomination committee of the Company and a member of the remuneration committee of the Company with effect from 30 March 2021. Mr. TSANG Wah Kwong, aged 68, is a former partner of PricewaterhouseCoopers in Hong Kong and China and has over 30 years of experience in auditing and providing support for initial public offerings and acquisition transactions. Currently, Mr. TSANG is an independent non-executive director of the following companies listed on the Main Board of the Stock Exchange: China Merchants China Direct Investments Limited, CA Cultural Technology Group Limited, Sihuan Pharmaceutical Holdings Group Limited and TK Group (Holdings) Limited.