The Board of Directors of Esprit Holdings Limited announced that Mr. TSCHIRNER Marc Andreas has resigned as an Executive Director and Group Chief Operating Officer of the Company, and a member of the General Committee of the Board with effect from 8 January 2021 due to his pursuit of other business commitments. The Board announced that Ms. LIU Hang-so ("Ms. LIU") has been appointed as an Independent Non-executive Director of the Company and a member of the Nomination Committee and the Remuneration Committee of the Board with effect from 8 January 2021. Ms. LIU is a veteran in consumer goods with specialty lens in luxury retail sector covering watches and jewelry, leather goods, apparel, shoes, accessories and beauty. Ms. LIU has over 20 years of experience in the global retail industry, with exposure in major regional markets including Greater China, Asia Pacific, USA, Japan, Europe and India.