Hon Corporation Limited hereby announces that Ms. Ng Mei Yun has tendered her resignation as an executive Director of the Company with effect from 20 December 2019 as she would like to devote more time and dedication in her role as chief procurement officer of a subsidiary of the Company responsible for project management. The Board further announces that Ms. Teng Ley Peng has been appointed as an executive Director of the Company with effect from 20 December 2019. The biographical details of Ms. Teng is set out below: Ms. Teng Ley Peng, aged 46, has over 15 years of experience in marketing, procurement and business development sectors. Ms. Teng obtained a diploma in fine art/design from LASALLE College of the Arts in 1993. Ms. Teng joined Hon Industries Pte Ltd, a wholly-owned subsidiary of the Company, in June 2017 and worked as manager for the period from June 2017 to December 2017, and corporate compliance manager for the period from January 2018 to February 2019, both in building construction segment of the Group. Since March 2018 to present, Ms. Teng also acts as chief administrative officer and is responsible for corporate governance, human resources and information technology related matters of the Group.