The Board of Directors of Memories Group Limited has reviewed and considered the qualifications and relevant experience of Mr. Pun Chi Yam Cyrus, and upon the recommendation of the Nominating Committee, has approved the appointment of Mr. Cyrus Pun as Executive Director and Chief Executive Officer of the company. He will be responsible for the Group's overall business development, expansion and other business processes. His working experience includes: 2012 - Present Executive Director and Head of Real Estate of Yoma Strategic Holdings Ltd; 2007 - 2012 Director, Development and Project Coordinator of SPA (Dalian) Development Co.

Ltd., China. The appointment date was February 01, 2019.