Vallibel Finance PLC informed that Mr. Kulappuarachchige Don Anuradha Perera, who was a Non-Executive Director/Chairman of the company completed his term of 9 years of service as a Director of the Company on August 12, 2023. Accordingly, in terms of Section 3.3 of the Finance Business Act (Corporate Governance) Directions No. 05 of 2021, Mr. K D A Perera ceased to be a Director of the Company effective from August 12, 2023.