The Board of Directors of SUPERLON wishes to announce that the Audit Committee of the Company has been renamed as Audit and Risk Management Committee ("ARMC").

The scope of the ARMC will be broadened to encompass the review of the adequacy and effectiveness of the Group's risk management and internal control systems with effect from 29 June 2020.

Thereafter, the ARMC will comprise the following members:-

(1) CHEE CHUNG YEN - Independent Non-Executive Director (Chairman)

(2) LIM WAI LOONG - Independent Non-Executive Director (Member)

(3) LIN, PO-CHIH - Independent Non-Executive Director (Member)

This announcement is dated 29 June 2020.