Manufacturing Integration Technology Ltd. announced that Mr. Lim Chin Tong, Executive Director and Chief Executive Officer, has decided to retire from full-time employment. His last day as ED and CEO of the Company shall be 30 June 2020. Mr. Lim Chin Tong shall remain on the Board as Non-Executive and Non-Independent Director with effect from 1 July 2020.

He will also be appointed as a member of the Remuneration Committee with effect from the same day. Mr. Lim Chin Hong (no relation to the incumbent), Independent Director, will be appointed as ED and CEO of the Company with effect from 1 July 2020. Mr. Lim Chin Hong will resign as a member of the Audit Committee and Remuneration Committee with effect from 30 June 2020.

During the interim, Mr. Lim Chin Hong will assume the CEO (Designate) position from 1 May 2020. Mr. Han Meng Kwang will be appointed as Chief Operating Officer of the Company with effect from 1 July 2020. He will also continue with his current responsibilities as General Manager of Automated Manufacturing Solutions Pte.

Ltd., a wholly owned subsidiary of the Company.