The board of directors of Technovator International Limited announced that Mr. Huang Yu ("Mr. Huang"), a non-executive director of the company and chairman of the board, has been appointed as a member of the Remuneration Committee with effect from 16 March 2018. Following the appointment of Mr. Huang as a member of the Remuneration Committee, the Remuneration Committee has been restored to a minimum of three members as prescribed under the Terms of Reference of the Remuneration Committee adopted by the Board on 21 March 2012.