SFA Semicon Philippines Corporation's Board of Directors approved the appointment of Mr. Chunkee Son as Director and Member of the Risk Management Committee in replacement of Mr. Byungjin Cho, who has resigned from the said positions effective on August 11, 2019. The Board of Directors unanimously elected Ms. Caroline S. Sicat as Treasurer, in replacement of Mr. Byungjin Cho, to serve as such effective on August 13, 2019 for the remainder of the unexpired term of Mr. Cho and until Ms. Sicat's successor shall have been duly elected and qualified. The board of directors also unanimously elected Ms. Charmaine P. Lansangan- Venturina as Assistant Corporate Secretary, in replacement of Mr. Mark Andrew F. Santiago, to serve as such effective on August 13, 2019 for the remainder of the unexpired term of Mr. Santiago and until Ms. Lansangan-Venturina's successor shall have been duly elected and qualified. The board of directors approved the revocation of all authorizations for corporate payments and bank-related transactions that have been previously granted or issued to Mr. Byungjin Cho by the Board; and the replacement by Mr. Daekyu Kang as new signatory for all corporate payments and bank-related transactions, with Mr. Kang having the same signing authority and limit as authorized by the Board to Mr. Cho, all effective on August 13, 2019.