The Board of directors of Lai Sun Development Company Limited ("Company") announces that Mr. Chow Kwok Wor ("Mr. Chow") will retire as company secretary of the Company ("Company Secretary") and cease to be the authorised representative of the Company ("Authorised Representative") under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Listing Rules") with effect from 1 May 2024. The Board also announces that Mr. Cheung Sum, Sam ("Mr. Cheung") has been appointed Company Secretary and Authorised Representative under Rule 3.05 of the Listing Rules with effect from 1 May 2024. Mr. Cheung is an Executive Director of the Company and Group Chief Financial Officer.

He is a fellow member of the Association of Chartered Certified Accountants in the United Kingdom and The Hong Kong Institute of Certified Public Accountants.