Pak Tak International Limited announced with effect from 1 September 2020, Mr. Chan Ngai Sang Kenny, an Independent Non-executive Director, has ceased to be the chairman of the Remuneration Committee but remains as a member thereof, and Mr. Chan Kin Sang, an Independent Non-executive Director, is appointed as the chairman of the Remuneration Committee. As a result of such change, the Remuneration Committee is composed of three Independent Non-executive Directors, namely Mr. Chan Kin Sang as the chairman, Mr. Chan Ngai Sang Kenny and Mr. Zheng Suijun as members, and one Executive Director, namely Ms. Qian Pu as a member. Except for such change, the composition of other Board committees remains unchanged.