The Board of Directors of Noel Gifts International Ltd. having reviewed and considered the Nominating Committee's assessment of Mr. Foo Der Rong's qualifications and working experiences, is of the view that Mr. Foo possesses the requisite experience and capabilities to assume his duties as the Non-Executive Independent Director, Chairman of Remuneration Committee and a Member of Audit Committee and Nominating Committee of the Company. Currently, Mr. Foo is a Non-Executive Independent Director of Pavillon Holdings Ltd. and Matex International Ltd.