Chailease Holding Company Limited announced the executive changes: Name, title, and resume of the new position holder: Mr. Simon Hou, the President of Taiwan's Important subsidiary- Chailease Finance Co. Ltd. Mr. Ken Chen, the President of Mainland China's Important subsidiary- Chailease International Finance Corporation. Reason for the change: Due to two important subsidiaries from Taiwan's Chailease Finance Co. Ltd. and Mainland China's Chailease International Finance Corporation, have a significant impact on the company’s operating performance and profit, The company decides to create the new appointment of Important Regional Operating Officer. Effective date on September 15, 2020.