The board of directors of Dasin Retail Trust Management Pte. Ltd., as trustee-manager of Dasin Retail Trust, announced that with effect from 8 August 2018, Mr. Zhang Zhongming, a Non-Executive Director of the Board, will be designated as the Deputy Chairman of the Board. The role and responsibility of the Deputy Chairman is to assist the Chairman in discharging his duties and responsibilities, which include but not limited to developing and communicating corporate strategic initiatives, ensuring the members of the Board and the management work together with integrity and competency, and that the Board engages the management in constructive debate on strategy, business operations, enterprise risks and other plans.