Board of Directors Meeting of King Wai Group (Thailand) Public Company Limited held on 17 February 2021, passed significant resolutions as summarized below. The BOD acknowledged that Mr. Yupeng Huang had resigned from the position as Director, Member of Executive Committee, Deputy CEO and Company Secretary, which is effective on 17 February 2021 onward, so to pursue his personal development. The BOD appointed Dr. David Peng De Zhi to be the Company's Director to replace Mr. Yupeng Huang. The duration of the appointment shall be equal to the remaining term of Mr. Yupeng Huang, effective from 17 February 2021 onward. The BOD approved the appointment of Ms. Jeerasuda Sasanus as the replacing Company Secretary according to Clause 89/15 of the Securities and Exchange Act B.E. 2535.