The board of directors of Mexan Limited announced the retirement of Mr. Lam Yiu Pang Albert as an independent non-executive director of the company with effect from the conclusion of the 2016 annual general meeting of the company held on September 7, 2016. Mr. Lam Yiu Pang Albert, has been an independent non-executive director of the company since April 2007 and is due to retirement by voluntary at the 2016 annual general meeting. The board also announced that following the retirement of Mr. Lam Yiu Pang Albert, Mr. Lau Shu Kan, an independent non-executive director of the company, will be the chairman of audit committee and remuneration committee and member of nomination committee with effect from September 7, 2016.