Astaka Holdings Limited announced that to pursue other career opportunities, Ms. Lee Shih Yi had resigned as Chief Financial Officer on 1 February 2020. The Board of Directors (the "Board") had on 14 February 2020 agreed to her resignation after having considered a thorough handover process and transition plan put in place. There are no concerns with regards to financial reporting that led to the cessation of Ms. Lee Shih Yi, and there are no disagreements between Ms. Lee Shih Yi and the Board with regard to practices that will have an impact on the Company's financial reporting.