Memiontec Holdings Ltd. announced Low Kian Beng is retiring pursuant to Regulation 96 of the Constitution of the Company at the forthcoming Annual General Meeting of the Company to be held on 29 April 2022. By mutual agreement with the Company and duly accepted by the board of directors of the Company, Mr. Low's last day of employment with the Company will be 29 April 2022 upon the conclusion of the AGM, which is the effective date of his Retirement. Mr. Low's roles and responsibilities as an Executive Director of the Company will be assumed by Mr. Tay Kiat Seng and Ms Soelistyo Dewi Seogiharto who are supported by the management team of the Group.