The board of directors of Elate Holdings Limited announced that Mr. Lu Ren Jie has resigned as an independent non-executive director, a member of the audit committee, the nomination committee and the remuneration committee of the company with effect from 10 January 2020 due to his retirement plan. Mr. Han Zhi Jun, an independent non-executive Director, is appointed as the chairman of the nomination committee, a member of the audit committee and the remuneration committee of the company, with effect from 10 January 2020.