The board ("Board") of directors ("Directors") of Veeko International Holdings Limited (the "Company", together with its subsidiaries, the "Group") announced that Dr. Fok Kam Chu, John ("Dr. Fok") has resigned ("Resignation") as an independent non-executive Director with effect from 26 September 2019 as he would like to devote more time for his other commitments. The Board announced that Mr. Cheng Man Loong, Monty ("Mr. Cheng") has been appointed as an independent non-executive Director with effect from 26 September 2019. Mr. Cheng, aged 73, has extensive experience in trading, sale and manufacturing of toy products. He has been engaged in relevant business since 1968. Mr. Cheng worked at various companies, including Nasta (Hong Kong) Limited, that were principally engaged in trading, sale and manufacturing of toy products between 1968 and 2012. The Board announced that as a result of the Resignation, with effect from 26 September 2019, Dr. Fok has ceased to be a member of each of the Remuneration Committee, the audit committee of the Company ("Audit Committee") and the nomination committee of the Company ("Nomination Committee"), while Mr. Cheng has been appointed as a member of each of the Remuneration Committee, the Audit Committee and the Nomination Committee.