The board of directors of IR Resources Limited announce that with effect from 4 May 2020, (i) Ms. He Xuemei has been appointed as an executive Director and the chairperson of the Board; and (ii) Mr. Chan Ching Hang ("Mr. Chan") has resigned as the chairman of the Board and remains as an executive Director. Prior to joining the Company, Ms. He has served in management positions of a number of corporations.