The board of directors of Natural Beauty Bio-Technology Limited announce that; Mr. Pan Yi-Fan Ivan will resign as an executive director, member of Remuneration, Executive, Nomination Committees and authorised representative of the Company with effect from 1 January 2023 due to personal reason; and Mr. Lu Chi-Chant will resign as an independent non-executive director, chairman of Remuneration Committee and member of Audit Committee and Nomination Committee of the Company with effect from 1 January 2023 due to personal reason. LIN Chia-Wei will be appointed as an executive director, member of Remuneration, Executive and Nomination Committees with effect from 1 January 2023; and Mr. LIN Tsalm-Hsiang ("Mr. William Lin") will be appointed as an independent non-executive director, chairman of Remuneration Committee and member of Audit Committee and Nomination Committee of the Company with effect from 1 January 2023. Mr. Lin Chia-Wei, aged 51, is currently the vice general manager of the Investment Department of Eastern Media International Corporation.

Mr. Lin has over 20 years' experience in investment bank and private fund. He is a Certified Securities and Investment Analyst of the Republic of China. He also holds a master degree in Business Administration from Tunghai University.

Mr. Lin Tsalm-Hsiang, aged 67, obtained a doctor degree of Finance from Boston University. He is currently an independent non-executive director of CAPITAL Securities Corporation, a company listed on the Taiwan Stock Exchange. Mr. William Lin is also a professor in the Department of Banking & Finance of Tamkang University and the Honorary Chairman of the Financial Engineering Association of Taiwan.