The board of directors (the "Board") of Banyan Tree Holdings Limited (the "Company") announced the Nominating and Remuneration Committee has been re-constituted into Nominating Committee ("NC") and Remuneration Committee ("RC") with effect from 20 May 2021. Consequent to the aforesaid changes, the composition of the Board Committees is as follows: Audit & Risk Committee ("ARC"): Tan Chian Khong- ARC Chairman. Nominating Committee ("NC"): Beh Jit Han Paul- NC Chairman, Chia Chee Ming Timothy- Member, Arnoud De Meyer- Member, Ho Kwon Ping- Member. Remuneration Committee ("RC"): Karen Tay Koh- RC Chairman, Beh Jit Han Paul- Member, Arnoud De Meyer- Member.