Asia Financial Holdings Limited announced Mr. YAMAMOTO Takao will not offer himself for re-election at the 2018 AGM due to his other commitments and job relocation. Mr. Yamamoto will retire as non-executive Director with effect from the conclusion of the 2018 AGM. Mr. SOPHONPANICH Chote will not offer himself for re-election due to his decision to devote more time on his own business. Mr. Sophonpanich will retire as non-executive Director with effect from the conclusion of the 2018 AGM. The Nomination Committee also considered a candidate named Mr. IDE Kentaro who was nominated by Aioi Nissay Dowa Insurance Company, Limited to replace the vacancy on the Board which will be created on the retirement of Mr. Yamamoto and will be effective from the conclusion of the 2018 AGM.