Redwood Group Ltd. announced changes to remuneration committee. Name of the functional committees: Remuneration Committee. Name of the previous position holder: Min-chiu Chien, Chin-huat Guok, Chia-shi Lo.

Resume of the previous position holder: (1) Min-chiu Chien - CPA of ACTION & Co., CPAs, (2) Chin-huat Guok - Director of Campbelltown Asia Pte Ltd., (3) Chia-shi Lo - Chief Attorneys-at-law of Forum, Legal Professional. Name of the new position holder: not yet appointed. Reason for the change: Cooperate with the general re-election of directors (including independent directors) at the general meeting of shareholders, and the term of the new audit committee is the same as that of the new board of directors.