The Board of Directors' Meeting of Inoue Rubber (Thailand) Public Company Limited held on February 13, 2018 acknowledged the resignation of Mr. Vichit Vuthisombat, Independent Director and the Audit Committee Chairman, as he had tendered his resignation to the company on January 12, 2018, with the effective date on February 14, 2018, as the advance notice to the company in accordance with the Audit Committee's Charter. His reason of resignation is to promote good corporate governance principle which recommended a limitation of directorship for an independent director for not over 9 years. The Meeting therefore passed the resolutions to appoint Mrs. Anchalee Chavanich as the replacing Director, and as the Audit Committee Chairman, effective on February 14, 2018 onwards.