The board of directors of South Shore Holdings Limited announced that with effect from 18 May 2021, Ir James Chiu, Professor Lee Chack Fan ("Professor Lee") and Mr. Iain Ferguson Bruce resigned as Independent Non-Executive Directors of the Company in order to devote more time to their personal commitments. Accordingly, with effect from 18 May 2021, Ir Chiu ceased to be the chairman of the audit committee (the "Audit Committee"), remuneration committee, corporate governance committee (the "Corporate Governance Committee") and PYE committee of the Company, and a member of the nomination committee of the Company; Professor Lee ceased to be the chairman of the Nomination Committee, and a member of the Audit Committee, Remuneration Committee and PYE Committee; and Mr. Bruce ceased to be the chairman of the finance and investment committee and disclosures committee of the Company, and a member of the Audit Committee, Remuneration Committee, Nomination Committee, Corporate Governance Committee and PYE Committee. The Board announces that with effect from 18 May 2021, (a) Mr. Choi Wai Hong, Clifford has been appointed as an Independent Non- Executive Director of the Company, and the chairman of the Audit Committee,Remuneration Committee, Nomination Committee, Finance and Investment Committee and Disclosures Committee; Ms. Lam Yan Fong, Flora ("Ms Lam") has been appointed as an Independent Non-Executive Director of the Company, the chairman of the Corporate Governance Committee, and a member of the Audit Committee, Remuneration Committee, Nomination Committee; and Ms Liu Tsui Fong has been appointed as an Independent Non-Executive Director of the Company, and a member of the Audit Committee, Remuneration Committee, Nomination Committee and Corporate Governance Committee. Mr. Choi joined Price Waterhouse (currently known as PricewaterhouseCoopers) in Hong Kong in January 1983 and departed in July 1992 with his last position as manager. He was subsequently a general manager in DCH MSC (China) Limited, NHK Distribution Company. Lam did not hold (i) any directorship in the last three years in public companies, the securities of which are listed on any securities market in Hong Kong or overseas, and (ii) any other major appointment and professional qualification. Ms Lam does not have any interest in any shares or underlying shares of the Company required to be disclosed pursuant to Part XV The Board announces that Ms Mui Ching Hung, Joanna ("Ms Mui") resigned as the Company Secretary of the Company with effect from 18 May 2021. Ms Mui has confirmed that she has no disagreement with the Board and there are no matters with respect to her resignation that need to be brought to the attention of the Shareholders or the Stock Exchange. The Board would like to take this opportunity to express its gratitude to Ms Mui for her valuable contributions to the Company during her tenure of office. The Board also announced that Ms Chow Mun Yee ("Ms Chow") has been appointed as the Company Secretary of the Company with effect from 18 May 2021. Set out below is the biography and background information of Ms Chow. Ms Chow Mun Yee, has been an Executive Director (Finance Director) of the Company since 3 May 2021. She is also a member of the Remuneration Committee, Nomination Committee, Finance and Investment Committee, Disclosures Committee and Executive Committee of the Company. Ms Chow has over 13 years of experience in accounting and auditing at an international accounting firm and has extensive experience in financial services, investment and property development.