Alpha Energy Holdings Limited announced appointment of Yoshiyasu Naruse as Non-Independent Non-Executive Director. The board of directors ("Board"), having considered the recommendations of the Nominating Committee and taking into consideration the academic and professional qualifications, expertise, working experience and knowledge of Mr. Yoshiyasu Naruse, and is satisfied that Mr. Yoshiyasu Naruse possess the requisite competencies and experience to assume the responsibilities as an Non-Independent Non-Executive Director of the Company. Mr. Yoshiyasu Naruse is the Senior Vice President of Yamanashi Gakuin School Corporation, an organization involved in education business in Japan. Yamanashi Gakuin School Corporation is a non-profit organization in Japan with no private funding avenues. Hence, even though Mr. Yoshiyasu Naruse is involved in Yamanashi Gakuin School Corporation, there is no conflict of interests with the education business that the Company proposed to acquire.