Mr. Andrew Chan has not offered himself for re-election at the AGM of YGM Trading Limited due to his other business engagements which require more of his dedications. Accordingly, Mr. Andrew Chan has retired as an executive director, and has retired from his positions as managing director of the Board and as a member of the risk management committee of the Company with effect from the conclusion of the AGM held on 23 September 2022. Mr. Chan has confirmed that he has no disagreement with the Board and there is no other matter that needs to be brought to the attention of the Shareholders with regard to his retirement.

As at 23 September 2022, the board of directors of the Company comprises five executive directors, namely Mr. Chan Wing Sun, Samuel, Madam Chan Suk Ling, Shirley, Mr. Fu Sing Yam, William, Mr. Chan Wing Fui, Peter, and Mr. Chan Wing Kee, and three independent non-executive directors, namely Mr. Choi Ting Ki, Mr. So Stephen Hon Cheung and Mr. Li Guangming.