Falcon Energy Group Limited announced cessation of Mak Yen-Chen Andrew as Independent Non-Executive Director. Age is 54. Job Title: Independent Non-Executive Director, Chairman of Remuneration Committee, and Member of Audit Committee.

Other DirectorShips Past: China Jishan Holdings Limited. Other DirectorShips Present: Leader Environmental Technologies Limited Far East Group Limited H2G Green Limited The Singapore Lyric Opera Limited. Reason For Cessation: Mr. Mak Yen-Chen Andrew ("Mr. Mak") has resigned as an Independent Non-Executive Director of the Company.

In view of the 9-year term limit on independent directors of SGX-listed companies and the company's ongoing efforts to achieve a restructuring, Mr. Mak has decided to step down now to enable the Company to find and appoint new directors with fresh and broader perspectives, who are better able to contribute to the Company's restructuring efforts. This will also enable Mr. Mak to reallocate his time and attention to his other professional/corporate commitments and plans.