The Board of Directors of Silverlake Axis Ltd. announced the Mr. See Chuang Thuan as an Independent Non-Executive Director, has retired by rotation pursuant to Regulation 108(1) of the Company's Constitution at the conclusion of the Annual General Meeting held on 27 October 2021. Following his retirement, he also ceased to be a member of Audit and Risk Committee. Mr. Mah Yong Sun, an Independent Non-Executive Director replaces Mr. See as a member of the ARC.