The board of directors (the "Board") of Next Digital Limited announced that Mr. Lai Chee Ying ("Mr. Lai"), a Non-executive Director of the Company, has been re-designated as an Executive Director of the Company with effect from 25 May 2020 for the purpose of strengthening the leadership of the Group to seize all business opportunities. He remains as the Chairman of the Group. Mr. Lai the founder and controlling shareholder of the Company and the spouse of the Company's substantial shareholder, Ms. Li Wan Kam, Teresa. He was appointed a Non-executive Director of the Company and Non-executive Chairman of the Group in February 2018 and was an Executive Director and the Chairman of the Company from 1999 to 2014.