The board of directors of ISP Global Limited announced that Mong Kean Yeow has stepped down from his role as the chairman of the Board and chairman of nomination committee of the Company with effect from March 4, 2022 and remained as an executive Director of the Company. Cao Chunmeng, an executive Director, has been appointed as the chairman of the Board and the chairman of nomination committee of the Company with effect from March 4, 2022. Cao joined the Group as a non-executive Director in January 2021.

He has been redesignated as an executive Director of the Company since January 1, 2022. Cao currently serves as a director of Guo Du Industrial Limited, which is a directly owned subsidiary of the Company.