The Board of Crocodile Garments Limited announced that Mr. Wan Edward Yee Hwa retired as an executive Director with effect from 17 December 2022. Having reached the age of 86, Mr. Wan has notified the Company his decision to retire after the conclusion of the AGM and not offer himself for re-election at the AGM. Mr. Wan has confirmed in writing that he has no disagreement with the Board and that he is not aware of any matters that need to be brought to the attention of Shareholders in relation to his retirement.

The Board of company also announced that following the retirement of Mr. Wan as an executive Director, he ceased as a member of the Executive Committee of the Company with effect from 17 December 2022. Mr. Chow Bing Chiu, a non-executive Director, has been appointed as a member of the Executive Committee in place of Mr. Wan with effect from 17 December 2022.