The board of directors of Yangtzekiang Garment Limited (the "Company", together with its subsidiaries, the "Group") announces that with effect from 31 March 2021, Mr. So Ying Woon, Alan has resigned as an executive Director and Madam Chan Suk Ling, Shirley has been appointed as an executive Director. Mr. So Ying Woon, Alan ("Mr. So") has resigned as an executive Director and has ceased to be a member of the Risk Management Committee of the Company with effect from 31 March 2021 as part of his retirement plan. Mr. So has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). The Board would like to take this opportunity to express its gratitude to Mr. So for his valuable contribution to the Company during his tenure of service. Madam Chan Suk Ling, Shirley ("Madam Chan") has been appointed as an executive Director with effect from 31 March 2021. Chan Suk Ling, Shirley, BBS, JP, aged 69, joined the Group in 1973 and was appointed as a Director in 1983. Madam Chan resigned as an executive Director in April 2020 and was re-appointed as an executive Director with effect from 31 March 2021.