The Board of Directors of Katrina Group Ltd. announced that Ms. Joan Lau Sau Chee will retire as an independent director of the Company upon the conclusion of the forthcoming annual general meeting of the Company scheduled to be held on 29 April 2024 (the "AGM"). With her retirement at the conclusion of the AGM, Ms. Lau will cease to be the Chairman of the Remuneration Committee and a member of the Audit Committee and the Nominating Committee of the Company.