The board of directors of Digital Domain Holdings Limited announced that Mr. Wang Wei-Chung has resigned as a non-executive Director with effect from 25 June 2021. Mr. Wang tendered his resignation due to his other business commitments which require more of his dedication and confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board also announced that with effect from 28 June 2021: Dr. Chang San-Cheng ("Dr. Chang") will be appointed as executive Director and a member of the executive committee of the Company; Mr. Brian Thomas McConville ("Mr. McConville") will be appointed as non-executive Director and a member of the remuneration committee of the Company; and Mr. Woo King Hang ("Mr. Woo") will be appointed as independent non-executive Director, and a member of each of the audit committee, remuneration committee and nomination committee of the Company. Dr. Chang San-Cheng is currently an independent director, the chairman of the investment committee and a member of the audit committee and the remuneration committee of Acer Incorporated. Mr. Brian Thomas McConville is a senior level executive with 30 years' experience providing effective fiscal and operations management leadership to both new and expanding enterprises. He has a record of accomplishment of improving operations, impacting business. Mr. Woo King Hang, aged 59, has extensive experience in financial and business management. Mr. Woo is currently the vice chairman of the board of directors and a non-executive director of Centenary United Holdings Limited ("Centenary United"). He is also an independent non-executive director and a member of the audit committee, remuneration committee and nomination committee of Hans Energy Company Limited.