MacroAsia Corporation announced Mr. Rex Vincent Young, Director of the Corporation has resigned from his position effective December 12, 2019. Mr. Lucio Chen Tan III was elected as Director of the Corporation in replacement of Mr. Lucio K. Tan, Jr. Mr. Eduado Luis Tan Luy was elected as Director in replacement of Mr. Rex Vincent Young, and appointed as Treasurer of the Corporation. The appointments of Mr. Tan III and Mr. Luy are effective on December 12, 2019. The board-approved changes in the committees below, effective on December 12, 2019. Corporate Governance Committee: Lucio C. Tan III­ member, vice Lucio K. Tan, Jr. (LKT,Jr.); Audit Committee: Lucio C. Tan III ­ member, vice Rex Vincent Young; Related Party Transactions Committee: Lucio C. Tan III ­ member, vice LKT, Jr.; Compensation Committee: Lucio C. Tan III ­ member, vice LKT, Jr.; Investment Committee: Lucio C. Tan III ­ member, vice LKT, Jr.; Mining Committee: Johnip G. Cua ­ Chairman, vice LKT, Jr.; Mining Committee: Eduardo LuisTan Luy ­ member, vice Johnip G. Cua who will be Chairman.