Simplicity Holding Limited announces that Ms. Wong Suet Hing ("Ms. Wong") has resigned as chairlady and an executive Director of the Company with effect from 14 October 2022. The resignation of Ms. Wong was because she would like to devote more time on her personal interests and affairs on retirement age. Ms. Wong confirmed that she has no disagreement with the Board and there is nothing relating to her resignation that needs to be brought to the attention to the shareholders of the Company.