SFA Semicon Philippines Corporation announced that with the recommendation of the Nomination Committee, the Board of Directors approved the nomination and election of Mr. In Tae Hwang as Director, Risk Management Committee Member, and Compensation Committee Member, in replacement of Mr. Chunkee Son, as recommended by the Nomination Committee, to serve as such effective February 18, 2022 and for the remainder of the unexpired term of Mr. Son and until Mr. Hwang's successor shall have been duly elected and qualified.