The Board of Directors of Lam Soon (Hong Kong) Limited announces that Mr. Wong Cho Fai (Mr. Wong) will retire as Group Managing Director of the company and cease to be a member of the Board with effect from 18 April 2024. Mr. Wong confirmed that he has 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 or The Stock Exchange of Hong Kong Limited.