The Board of Directors of Axington Inc. announced the following changes with effect from the close of business hours on 14 July 2020:- The resignation of Dr. Veerinderjeet Singh a/l Tejwant Singh as the Non-Independent Non-Executive Chairman; Dato' Peter Tang Swee Guan as the Deputy Executive Chairman and Executive Director; Mr. Ranjit Singh a/l Taram Singh as the Non-Independent Non-Executive Director; Mr. Tan See Yin as the Lead Independent Director, and as the Chairman of the Audit Committee ("AC") and a member of the Nominating Committee ("NC") and Remuneration Committee ("RC"); Lee Pih Peng as the Independent Director, and as the Chairman of the RC, and a member of the AC and NC; and Datin Isharidah Binti Ishak as the Independent Director, and as the Chairman of the NC, and a member of the AC and RC. The Board announced the appointment of the following Directors with effect from the close of business hours on 14 July 2020: Shen, Che as the Non-Independent Non-Executive Chairman, and a member of the RC; Marjory Loh Erchang as the Executive Director, and a member of the NC; Wong Soon Yuh as the Non-Independent Non-Executive Director and a member of the AC; Chua Siong Kiat as the Lead Independent Director, Chairman of the AC and a member of the NC and RC; Low Junrui as the Independent Director and Chairman of the RC; and Roberto Dona as the Independent Director, Chairman of the NC and a member of the AC. The Board considers Chua Siong Kiat and Roberto Dona to be independent, and Wong Soon Yuh to be not independent for the purposes of Rule 704(7) of the Catalist Rules of the SGX-ST.