The board of Vietnam Manufacturing and Export Processing (Holdings) Limited (the "Company", together with its subsidiaries, the "Group") announces that Mr. Lin Chih Ming ("Mr. Lin") has resigned as an executive Director and the chief executive officer of the Company with effect from 22 April 2021, due to his decision to devote more time for his other endeavours. He also resigned as the director and general manager of the Company's subsidiaries, Vietnam Manufacturing and Export Processing Company Limited ("VMEP") and Chin Zong Trading Company Limited ("CZ"). The Board also announces that Mr. Chiu Ying Feng ("Mr. Chiu") has resigned as anon-executive Director of the Company with effect from 22 April 2021 due to his decision to devote more time for his other endeavours. The Board further announces that Mr. Cheng Hsu Chi ("Mr. Cheng") has appointed as an executive Director and the chief executive officer of the Company and the director and general manager of the Company's subsidiaries, VMEP and CZ with effect from 22 April 2021. Mr. Cheng Hsu Chi, aged 56, prior to joining the Group, Mr. Cheng worked in the Company's holding company, Sanyang Motor Co. Ltd. The Board also announced that Mr. Chen Hsu Pin ("Mr. Chen") has been appointed as a non-executive Director of the Company with effect from 22 April 2021.