Xiabuxiabu Catering Management (China) Holdings Co., Ltd. announced that Ms. Hsieh Lily Hui-yun will retire, after serving the Company for more than seven years, as an independent non-executive director of the Company and cease to be the chairperson of the Audit Committee as well as a member of Nomination Committee of the Board; To fill the casual vacancy of the Board due to the retirement of Ms. Hsieh, Mr. Kot Man Tat has been appointed as an independent non-executive director of the Company as well as a member of Audit Committee and Nomination Committee of the Board; and Mr. Hon Ping Cho Terence will be re-designated as the chairman of the Audit Committee and Ms. Cheung Sze Man will be re-designated as the chairperson
of the Remuneration Committee whilst Mr. Hon will remain as a member of the Remuneration Committee of the Board, with effect from 1 April 2022.