South Shore Holdings Limited has received a resignation letter from Mr. Peter Lee Coker Jr. ("Mr Coker") who tendered his resignation as an Executive Director and the Chairman of the Board of the Company with effect from 14 October 2022 in order to pursue other business opportunities. Accordingly, with effect from 14 October 2022, Mr. Coker ceased to be the chairman of the executive committee of the Company and a member of the finance & investment committee and the disclosures committee of the Company. Mr. Coker has confirmed that he has no disagreement with the Board and there are no matters with respect to his resignation that need to be brought to the attention of the shareholders of the Company or the Stock Exchange.