The Board of Directors of Design Studio Group Ltd. announced the resignation of Ronald Kurniadi as Group Chief Financial Officer with effect from 8 June 2019. While the search for a suitable candidate to replace the office of the Group Chief Financial Officer is in progress, in the interim, the Group Chief Executive Officer and Group Financial Controller will oversee the Group's accounting and finance functions, including tax, treasury and compliance matters. The Company will announce the appointment of Group Chief Financial Officer when appropriate.