The Board of Directors of Livingstone Health Holdings Limited having considered the recommendation of the Nominating Committee and having reviewed and considered the qualifications, working experience and suitability of Dr. Tay Ching Yit, Wilson ("Dr. Wilson Tay"), is of the view that Dr. Wilson Tay has the requisite experience and capability to assume the responsibility as Executive Director and Chief Executive Officer of the Company. Accordingly, the Board of Directors approved the appointment of Dr. Wilson Tay as Executive Director and Chief Executive Officer of the Company.