Oriental Enterprise Holdings Limited announced that in relation to the retirement of independent non-executive Director. As disclosed in the Circular, Mr. Ping-wing PAO ("Mr. PAO") did not offer himself for re-election at the AGM and accordingly he retired as an independent non-executive Director at the conclusion of the AGM. Mr. PAO has confirmed that he has no disagreement with the Board and there is no other matter relating to his retirement that needs to be brought to the attention of the Stock Exchange and the Shareholders.

Reference is made to the Circular in relation to, among others, the election of independent non- executive Director. The Board announced that, Ms. Ching-wah YIP ("Ms. YIP") was elected by the Shareholders at the AGM as an independent non-executive Director. The latest biographical details of Ms. YIP are set out in Appendix III to the Circular.

The Board would like to take this opportunity to express its gratitude to Mr. PAO for his contributions to the Company during his tenure of office and its warmest welcome to Ms. YIP for joining the Board. Following Mr. PAO's retirement, Mr. PAO also ceased to be the members of the audit committee, remuneration committee, nomination committee and corporate social responsibility committee of the Board at the conclusion of the AGM. The Board announced that, Ms. YIP has been appointed as a member of each of the audit committee, remuneration committee, nomination committee and corporate social responsibility committee of the Board with effect from the close of the AGM.