The Board of Directors of SATS Ltd. announced the following: Mr. Edmund Cheng Wai Wing will be stepping down from office as Chairman and as a Director of the company with effect from the conclusion of the SATS Annual General Meeting to be held on 19 July 2016. Ms. Euleen Goh Yiu Kiang, an Independent Non-Executive Director of the company will be appointed Chairman in place of Mr. Cheng with effect from the conclusion of the SATS AGM. Consequent to Mr. Cheng's stepping down as a Director of the company, Mr. Cheng shall cease to be the Chairman of the Board Executive Committee, Chairman of the Remuneration Committee and a member of the Nominating Committee. Mr. David Zalmon Baffsky and Mr. Nihal Vijaya Devadas Kaviratne CBE will be retiring from office as Directors pursuant to Section 153(6) of the Companies Act, Chapter 50 of Singapore which was in force at the last Annual General Meeting of the company held on 21 July 2015. Mr. Baffsky and Mr. Kaviratne have notified the company that they will not be seeking re-appointment as Directors of the company at the forthcoming SATS AGM. Consequent to the retirement of Mr. Baffsky and Mr. Kaviratne as Directors of the company, Mr. Baffsky shall cease to be the Chairman of the Nominating Committee and a member of the Remuneration and Human Resource Committee; and Mr. Kaviratne shall cease to be a member of the Audit Committee and the Board Risk and Safety Committee.