Monde Nissin Corporation announced that at the meeting of the Company's Board of Directors on May 10, 2022, upon the Company's Corporate Governance, Nominations and Remuneration Committee's endorsement, the Board of Directors unanimously elected Mr. Romeo L. Bernardo as Independent Director to replace Mr. Delfin L. Lazaro who had previously resigned due to personal reasons. Mr. Bernardo will serve the unexpired term of Mr. Delfin L. Lazaro as interim Independent Director to replace Mr. Lazaro on the Board of Directors and the Board Committees, namely, Executive Committee, Audit Committee, Risk and Related Party Transaction Committee (as Chairperson), and the Corporate Governance, Nominations, and Remuneration Committee.