The Board of Directors of Sakae Holdings Ltd. having reviewed and considered the qualification and working experience of Mr. David Pang Kam Wei, has unanimously approved the appointment of Mr. David Pang Kam Wei as Non-Executive and Independent Director of the Company with effect from 6 July 2020. From 2018 to present he is Vice President, Human Resources & Chief of Staff, Shiseido Travel Retail Asia Pacific Pte Ltd.