On September 14, 2023, Lim Kok Thay, a Class II member of the board of directors of the Company, notified the board of his intention to resign as a member of the board and all committees thereof effective immediately. Mr. Lim?s decision to resign was not due to any disagreement with the Company on any matter, or relating to its operations, policies, or practices. In connection with accepting Mr. Lim?s resignation, the board resolved to reduce the size of the board from nine to seven members in order to eliminate the vacancy in Class II caused by Mr. Lim?s departure and the vacancy in Class III resulting from the previously reported departure of John Sculley.