During the meeting of Monde Nissin Corporation's Board of Directors on April 27, 2022, Mr. Delfin L. Lazaro, Independent Director, notified the Board of his resignation as a director, for personal reasons. In the same meeting, the Board also approved the change in designation of one of its officers, Ms. Luzviminda M. Mercurio, from HR Director to Chief People and Culture Officer. The Board will hold the election for Mr. Lazaro's replacement at its next scheduled meeting on May 10, 2022.