The Board of Directors of AEON Credit Service (Asia) Company Limited announced that: (i) Mr. Hideo Tanaka, an Executive Director and the Managing Director of the Company, will not stand for re-election at the annual general meeting of the Company to be held on 23 June 2020 (the "2020 AGM") and will retire at the conclusion of the 2020 AGM to take up a new management post in the AEON group; (ii) Ms. Koh Yik Kung, an Executive Director of the Company, will not stand for re-election at the 2020 AGM and will retire at the conclusion of the 2020 AGM due to health reasons; and (iii) Mr. Wong Hin Wing, an Independent Non-executive Director of the Company, will not stand for re-election at the 2020 AGM and will retire at the conclusion of the 2020 AGM due to his other work commitments. Upon retirement, Mr. Wong will cease to be a member of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company.