Pacific Millennium Packaging Group Corporation announced that Mr. Tan Philip (``Mr. Tan'') will be re-designated from as a non-executive Director to an executive Director (the ``Re-designation'') and will be resigned as a member of the audit committee of the Company given the Re-designation, both with effect from 1 November 2022 (the ``Effective Date''). Mr. Tan will be mainly responsible for the development of new project of the Group. Mr. Tan, aged 40, holds a master's degree in business administration from University of Nebraska, the United States of America (``US'') and a bachelor's degree of science from School of Business, Babson College, US.

Mr. Tan is a son of Mr. Tan Richard Lipin who is a controlling shareholder of the Company. Prior to joining the Company, Mr. Tan worked at Nestle Group in US, France and Shanghai during the period from 2004 to 2008 and held various positions including global sales development project manager and regional sales manager. He also served various positions including operational manager, project manager, technical manager and general manager in certain subsidiaries of the Company for a short period of time.

Mr. Tan is currently an independent non-executive director of Daphne International Holdings Limited (whose shares are listed on the Stock Exchange with stock code 210). Besides, he is also a director of the following companies: (i) Chongqing Stone Tan Financial Leasing Company Limited; (ii) Chongqing Stone Tan Credit Guarantee Company Limited; (iii) Chongqing Stone Tan Small Business Loans Company Limited; (iv) Shanghai Pacific Millennium Asiacorp Communication Company Limited; and (v) Shanghai Asiacorp Communication Co. Ltd.