The board of directors of Pacific Star Development Limited refers to the announcement made on 30 December 2019 relating to the extension of deadline for the appointment of a third independent director, as well as the announcement made on 29 February 2020 relating to the appointment of Mr. Lim Hoon Tong as a director of the company. Further to the Announcement, the board announced the following changes in the composition of the Board and Board Committees of the company with effect from 29 February 2020: Appointment of Mr. Lim Hoon Tong as an independent director of the Company, and the Chairman of the Remuneration Committee and a member of the Audit and Nominating Committees; Mr. Ying Wei Hsein will relinquish his role as a member from the Nominating Committee and remain as the Executive Chairman of the Board; Mr. Yeong Wai Cheong will relinquish his role as Chairman of the Remuneration Committee and remain as the Chairman of the Nominating Committee and member of the Remuneration and Audit Committees.