The Board of Kingmaker Footwear Holdings Limited announced that with effect from 1 February 2020 Mr. Chan Ho Man, Daniel will cease to be the Chairman of the Company but will remain as a non-executive Director of the Company; Madam Huang Hsiu Duan, Helen will cease to be the Chief Executive Officer of the Company and will be appointed as the Chairman of the Company; Mr. Chen Yi Wu, Ares will be appointed as the Chief Executive Officer of the Company; and Mr. Wong Hei Chiu will be appointed as the Vice Chairman of the Company. In addition, with effect from 1 February 2020, Madam Huang Hsiu Duan, Helen will be appointed as the chairman of the nomination committee of the Company in place of Mr. Chan Ho Man, Daniel.