The board of YGM Trading Limited announced that Mr. Leung Hok Lim has retired as independent non-executive director with effect after the conclusion of the AGM; Mr. So Stephen Hon Cheung has been appointed as an independent non-executive director with effect after the conclusion of the AGM; and Mr. Choi Ting Ki has been appointed as the chairman of the nomination committee of the company; Mr. So Stephen Hon Cheung has been appointed as the chairman of the audit committee, a member of the nomination committee and a member of the remuneration committee of the company, all with effect after the conclusion of the AGM.