The Board of Directors of Dream International Limited announced that the Board has been informed by Mr. Young M. Lee, an executive Director, that he will not offer himself for re-election at the upcoming annual general meeting of the Company to be held on 7 May 2021 and will retire at the conclusion of the AGM as he wants to devote more time to his personal commitments. Following to Mr. Lee's retirement, he will cease to be the President, the Chief Financial Officer, the member of the Nomination Committee and the Remuneration Committee of the Company with effect from 7 May 2021. Following the retirement of Mr. Lee, he will also cease to be the authorized representative of the Company under Rule 3.05 of the Rules Governing of Listing of Securities of the Stock Exchange with effect from 7 May 2021. The Board further announced that Mr. Min Jung Lee be appointed as the Authorized Representative with effect from 7 May 2021.