Since joining AS Watson Group in 1998, Clarice was appointed as the General Manager - Operations and Business Development of FORTRESS in 2013. She was subsequently promoted to General Manager in 2014 and became the Managing Director in 2018. Clarice has demonstrated exceptional leadership, innovation, and a strong commitment to talent development.

Lai continued, "Since its launch in 2007, MoneyBack has become one of the largest loyalty programmes in Hong Kong and received overwhelming response from customers, with the number of members accounting for over 63% of adult population in Hong Kong. It has effectively reached every household in Hong Kong and has become an indispensable part of their daily lives."

Clarice expressed enthusiasm for her new position and said, "MoneyBack is Asia's first and only region-wide loyalty programme, and its One Pass allows customers to enjoy local member benefits and earn points while traveling and shopping at AS Watson's stores in different markets, including Hong Kong, Mainland China, Macau, Taiwan, Singapore, Malaysia, Thailand, Philippines, Indonesia and Turkiye. By leveraging the extensive network of our local and overseas retail brands, including PARKnSHOP, Watsons, FORTRESS, Watson's Wine, along with our business partners, MoneyBack covers over 8,000 O+O retail outlets in food & beverage, travel, education, petrol, insurance, entertainment and apparel. With a commitment to continuously enhance the members' experience, we will remain the top choice for customers in Hong Kong, fostering closer connections with members, and offering unique rewards and experiences."

The appointments are effective from April 2024.

Hashtag: #ASWatson #MoneyBack

The issuer is solely responsible for the content of this announcement.

References

1. ^{^} Media OutReach Newswire (www.media-outreach.com)