The board of directors of S.A.I. Leisure Group Company Limited announced that Mr. Schweizer Jeffrey William (Mr. Schweizer) will be re-designated from an executive director to a non-executive director with effect from September 1, 2023. Mr. Schweizer, aged 69, has been an executive Director since April 2019. He has also been the Head of Hotel Operations of the Group since November 2018.

Mr. Schweizer joined the Group in April 2005 and has over 33 years of experience in the hospitality industry. Mr. Schweizer has been a longstanding board member of the Guam Hotel and Restaurant Association (the GHRA) and previously served as its chairman in 2009, 2018 and 2019. He is currently a member of Skål Club of Guam and had been a longstanding member of the Chinese Chamber of Commerce in Guam, a member of the Guam Chamber of Commerce and one of its subcommittees, the Armed Forces Committee.

Mr. Schweizer completed the advanced hotel management program of the Hong Kong Winter School 2004 of The Hong Kong Polytechnic University and completed the food and beverage management seminar held by the School of Hotel Administration, Cornell University. Mr. Schweizer recently notified the Board of his intention to step down as the Head of Hotel Operations of the Group as he will be moving away from Guam to spend more time with his family in the United States. Accordingly, he will cease to be the Head of Hotel Operations of the Group with effect from September 1, 2023.

After reviewing Mr. Schweizer's qualifications, experience and his contributions to the Group over the past 18 years, the Board considered and accepted the recommendation from the nomination committee of the Board to re-designate Mr. Schweizer from executive Director to non-executive Director with effect from September 1, 2023. After his re-designation, Mr. Schweizer will assume an advisory role and continue to provide valuable advice and support to the Group.