The board of directors of Kingmaker Footwear Holdings Limited announced that Mr. TAM King Ching, Kenny (Mr. Tam), who will retire from office by rotation at the upcoming annual general meeting of the Company to be held on 28 August 2024 (the AGM) in accordance with the Company's bye-laws, has decided not to offer himself for re-election at the AGM due to his desire to devote more time to his other work commitments. Accordingly, Mr. Tam will retire from his positions as an independent non-executive Director, the chairman of the audit committee and a member of the remuneration committee and the nomination committee of the Board, with effect from the conclusion of the AGM (28 August 2024). Mr. Tam has been appointed as an independent non-executive Director since 1994.

Mr. Tam has confirmed that he has no disagreement with the Board and that he is not aware of any matters relating to his retirement that need to be brought to the attention of the shareholders of the Company. Ms. CHAN Mei Bo, Mabel will be appointed as the chairman of the audit committee of the Board upon the retirement of Mr. Tam.