The board of directors of Eggriculture Foods Ltd. announced that Mr. Teo Beng Fwee has tendered his resignation as an independent non-executive Director, the chairman of the audit committee of the Company (the "Audit Committee") and a member of each of the remuneration committee of the Company (the Remuneration Committee") and the nomination committee of the Company (the "Nomination Committee") with effect from 4 January 2021 due to his intention of devoting more time to his professional interests. The Board announced that Mr. Tan Jia Kien ("Mr. Tan") has been appointed as an independent non-executive Director with effect from 4 January 2021. The biographical details of Mr. Tan are set out below. Mr. Tan has more than over 15 years of experiences in the fields of market entry and business development. Since October 2019, he has been an independent non-executive director of Y Ventures Group Ltd. He is currently providing mentorship to selected companies in The Finlab Pte. Ltd.'s new online initiative across Singapore, Malaysia and Thailand.