Vallibel Finance PLC announced that Mr. Toyohiko Murakami, Non Executive Director of Vallibel Finance PLC completed his term of nine (9) years of service as a Director of the Company on 16 July 2023. Accordingly, in terms of Section 3.3 of the Finance Business Act (Corporate Governance) Directions No.05 of 2021, Mr. Toyohiko Murakami ceased to be a Director of the Company effective from 16 July 2023. Consequently, Mr. Toyohiko Murakami's Altemate Director, Mr. Hiroyuki Ota ceased to be his Alternate effective from 16th July 2023 and he too did not hold any shares of the Company as at the date of cessation of office.