The board of directors of SMC Electric Limited announced that Mr. LAM Sai Yu Geoffrey ("Mr. Lam"), has tendered his resignation as an independent non-executive Director due to his other business commitment. Mr. Lam's resignation will take effect on 1 September 2020. The Board announced that Mr. HO Chi Sing Spencer ("Mr. Ho") has been appointed as an independent non-executive Director with effect from 1 September 2020. Mr. Ho, aged 60, has over 30 years of experience in corporate finance and investment. He was the investment manager of Shell Electric Holdings Limited, one of the controlling shareholders of the Company during 1999 to 2018, with the last day of employment on 31 August 2018.