The board of directors of Carrianna Group Holdings Company Limited announced that Mr. Leung Pak Yan has notified the Board of his plan of retirement and will retire as Chief Executive Officer of the Company with effect from 1 January 2021. Mr. Leung has confirmed that he has no disagreement with the Board and there are no matters that need to be brought to the attention of the shareholders of the Company in respect of his retirement. The Board further announced that Mr. Liang Rui has been appointed as an executive director and Chief Executive Officer of the Company with effect from 2 January 2021.