The Board of Directors of TIH Limited announced that with effect from 1 January 2021, the Nominating Committee and the Remuneration Committee will be merged as one Nominating and Remuneration Committee. With effect from 1 January 2021 the composition of Board Committees will be as: Audit Committee: Chairman: Mr. Liong Tong Kap (Independent and Non-Executive), Members: Mr. Thanathip Vidhayasirinun (Independent and Non-Executive), Mr. Alex Shiu Leung Au (Non-Executive); Nominating and Remuneration Committee: Chairman: Mr. Thanathip Vidhayasirinun (Independent and Non-Executive), Members: Mr. Sin Boon Ann (Independent and Non-Executive), Mr. Alex Shiu Leung Au (Non-Executive); Risk Governance Committee: Chairman: Mr. Sin Boon Ann (Independent and Non-Executive), Members: Mr. Vince Feng (Independent and Non-Executive), Mr. Kin Chan (Deemed Executive). Mr. Sin Boon Ann has been appointed as the Lead Independent Director in place of Mr. Liong Tong Kap with effect from 1 January 2021.