Invicta Holdings Limited announced that Rashid Wally, independent non-executive director of the Invicta board, has been appointed as Chairman of the Invicta Social & Ethics Committee and replaces David Samuels, who has resigned as Chairman of the Committee, with immediate effect. David Samuels remains in his position as lead independent non-executive director of the Board of Invicta, including also in his position as Chairman of the Invicta Audit & Risk Committee and Chairman of the Invicta Remuneration Committee. Rashid Wally remains in his position as independent non-executive director of the Board of Invicta, including also in his position as member of the Invicta Audit & Risk Committee and member of the Invicta Remuneration Committee.