King Fook Holdings Limited announced that Mr. Ng Ming Wah, Charles (Mr. Ng), a non-executive director and a member of the audit committee of the company, has retired by rotation at the AGM in accordance with the Articles of Association of the Company. He did not seek re-election at the AGM for reason of retirement. Mr. Ng confirms that there is no disagreement with the board and there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the company.