The board of directors of ASM Pacific Technology Limited announced that at the conclusion of the annual general meeting of the Company held on 12 May 2020, Mr. Lee Wai Kwong retired as the Chief Executive Officer and an Executive Director of the Company. Under Mr. Lee's leadership as the Chief Executive Officer of the Company for the last 13 years, the Company has made significant progress and become a leading global technology and market leader developing and providing surface mount technology, equipment and materials for the semiconductor assembly and packaging industries.