Leisure & Resorts World Corporation announced that on 26 October 2022, Mr. Winston A. Chan and Mr. Paolo Martin O. Bautista tendered their resignation as directors and members of various committees. The board accepted their resignation. On same date, the board elected Mr. Ramon D. Dizon as Independent Director and Member of the Corporate Governance Committee, as well as Chairman of the following committees: Audit Committee, Related Party Transactions Committee, Compensation Committee, and Board Risk Oversight Committee ("BROC") to replace Mr. Chan.

For the BROC, Mr. Dizon will replace Atty. Timoteo Aquino as Chairman, but Atty. Aquino will still remain as member of the BROC.

Furthermore, also on same date, the Board likewise elected Atty. Jose Raulito E. Paras as Director and member of the Audit Committee and Compensation Committee to replace Mr. Bautista.