ESPRIT HOLD-NEW (00330) announced the following changes, effective from December 19, 2025:

Ms. Qiu Suyi has resigned as Executive Director and Chairman of the Board to pursue other business opportunities. Mr. PAK William Eui Won has also stepped down as Executive Director, CEO, and Chief Operating Officer for the same reason.

Current Executive Director Mr. WRIGHT Bradley Stephen has been appointed as the Interim Chairman of the Board. Ms. Liu Jianyi and Ms. Li Hui have been appointed as Executive Directors of the company.

Ms. Qiu Suyi will no longer serve as Chairman of the Nomination Committee or as a member of the Remuneration Committee and Standing Committee. Mr. PAK William Eui Won has also ceased to be a member of the Nomination Committee, Remuneration Committee, and Standing Committee.

Mr. WRIGHT Bradley Stephen has been appointed as Chairman of the Nomination Committee, while Ms. Liu Jianyi and Ms. Li Hui have joined the Standing Committee. Additionally, Ms. Li Hui has replaced Ms. Qiu Suyi as the company's authorized representative.