Palace Banquet Holdings Limited's board announced that, with effect from 14 July 2021: Mr. Chan Koon Yuen Windaus has resigned as an independent non-executive Director of the Company and ceased to act as the chairman of the Remuneration Committee and a member of each of the Audit Committee and Nomination Committee; and Mr. Lee Wai Man has been appointed as an independent non-executive Director of the Company, the chairman of the Remuneration Committee and a member of each of the Audit Committee and Nomination Committee. Mr. Lee, joined the Hong Kong Government as a civil servant in the early 1980s and served the community for over 37 years. Between 2014 and 2017, Mr. Lee was appointed as a member of the Review of Sexual Offences Sub-Committee and the Causing or Allowing the Death of a Child or Vulnerable Adult Sub-committee of The Law Reform Commission of Hong Kong. Mr. Lee is at present the honorary chief executive officer of the UCESR Foundation Limited.