The board of directors of Dream International Limited announced that Mr. Min Jung Lee ("Mr. Lee") has been appointed as an executive Director and members of the nomination committee (the "Nomination Committee") and the remuneration committee (the "Remuneration Committee") of the Company with effect from 16 October 2020. Mr. Lee, aged 32, is currently a director of finance department. He joined the Company in 2018. The Board further announces that the term of office of Mr. Tae Woong Kang ("Mr. Kang"), an independent non-executive Director, will expire on 20 November 2020 and Mr. Kang did not seek for renewal of his term of office as he wants to devote more time to his personal commitments. Accordingly, Mr. Kang will cease to be an independent non-executive Director, the chairman of the Nomination Committee, and members of the audit committee (the "Audit Committee") and the Remuneration Committee of the Company with effect from 20 November 2020. The Board also announces that Mr. Jong Hun Lim ("Mr. Lim") has been appointed as an independent non-executive Director, chairman of the Nomination Committee, and members of the Audit Committee and the Remuneration Committee with effect from 20 November 2020.