The Board of Directors of Design Studio Group Ltd. having reviewed and considered the curriculum vitae, qualifications, experience and suitability of Ms. Lilian Tan Yin Yen ("Ms Lilian Tan"), and with the recommendations of the Audit Committee and Nominating Committee, approved the appointment of Ms. Lilian Tan as Chief Financial Officer ("CFO") of the Company and is of the view that she has the requisite experience and capabilities to assume the role of CFO. Executive. Ms. Lilian Tan is responsible for the Group's accounting and finance functions, including tax, treasury and compliance matters.