The Board of Directors Meeting of Pico (Thailand) Public Company Limited held on July 2, 2020, acknowledged the resignation of Mr. Silchai Kiatpapan from the Company's director, nomination committee member and chairman of executive committee, which will be effective from July 31, 2020 onwards. Approved the appointment of Ms. Supaporn Sawangjitt as the Company's director in replacement of Mr. Silchai Kiatpapan with the effective date from July 31, 2020 onwards. The nominated director shall assume the remaining tenure of the resigned director and approved the appointment of Ms. Chia Yuan Jiun as the acting chairman of executive committee of the Company in replacement of Mr. Silchai Kiatpapan with the effective date from July 31, 2020 onwards.