The board of directors of MC Payment Limited referred to the Company's announcements on 30 June 2021, 1 July 2021 and 2 July 2021 relating to the resignations of Mr. Albert Saychuan Cheok, Dr. Lillian Koh Noi Keng, Mr. Ong Kim Huat, Mr. Koh Beng Kiok Anthony and Mr. Kim Moon Soo, and the appointments of Mr. Ching Chiat Kwong, Mr. Ng Weng Sui Harry, Mr. Shawn Ching Wei Hung, Mr. Tan Chee Keong and Mr. Chee Kheng Hock, Rothschild, as directors of the Company. Following the aforesaid, Mr. Ching Chiat Kwong has been appointed by the Board as the Chairman of the Board and the Board comprises the following directors: Mr. Ching Chiat Kwong: (Non-Executive Non-Independent Chairman); Mr. Ng Weng Sui Harry: (Non-Executive Non-Independent Director); Mr. Shawn Ching Wei Hung: (Non-Executive Non-Independent Director); Mr. Kesavan Nair: (Non-Executive Independent Director); Mr. Tan Chee Keong: (Non-Executive Independent Director); Mr. Chee Kheng Hock, Rothschild (Non-Executive Independent Director). In addition, the Board committees have been reconstituted as follows: Audit Committee: Mr. Ng Weng Sui Harry: (Chairman); Mr. Kesavan Nair: (Member); Mr. Chee Kheng Hock, Rothschild: (Member);Remuneration Committee: Mr. Kesavan Nair: (Chairman); Mr. Chee Kheng Hock, Rothschild: (Member); Mr. Tan Chee Keong: (Member). Nominating Committee: Mr. Chee Kheng Hock, Rothschild (Chairman); Mr. Kesavan Nair: (Member); Mr. Shawn Ching:(Member).