Laguna Resorts & Hotels Public Company Limited at its board meeting held on August 11, 2021 resolved the appointment of Mr. Shankar Chandran, who is currently the Managing Director, to be the Chief Executive Officer, effective from August 11, 2021 onwards and acknowledged the change in position of Mr. Ho KwonPing, who is currently the Chairman of the Board and Chief Executive Officer, to be the Executive Chairman of the Board, effective from August 11, 2021 onwards.