The board of directors of Larry Jewelry International Company Limited announced that with effect from 3 October 2016, Mr. Chan Wing Chung (Mr. Chan) and Mr. Wong Kui Shing Danny (Mr. Wong) have been appointed as executive Directors, and Ms. Szeto Wai Ling Virginia (Ms. Szeto) has been appointed as a non-executive director. The board announced that with effect from 3 October 2016: Mr. Luk Kee Yan Kelvin has resigned as a member of each of the nomination committee and remuneration committee; Ms. Ngai Ki Yee May has resigned as a member of the remuneration committee; Mr. Chan Wing Chung has been appointed as a member of each of the nomination committee and remuneration committee; Mr. Wong Kui Shing Danny has been appointed as a member of each of the nomination committee and remuneration committee; and Ms. Szeto Wai Ling Virginia has been appointed as a member of the audit committee of the company. Following the change of the directors, with effect from 3 October 2016, Mr. Luk Kee Yan Kelvin, an executive Director, has resigned as the chairman of the board and Ms. Szeto has been appointed as the Chairman.