PICO FAR EAST (00752) has announced that, following the conclusion of its Annual General Meeting, Mr. Kan Nai Tun, an Independent Non-Executive Director, has retired by rotation and did not seek re-election at the meeting. Effective from the end of the Annual General Meeting, Mr. Kan also stepped down from his roles as Chairman of the Board Remuneration Committee and member of the Board Audit Committee. Mr. Pan Lixin was appointed as an Independent Non-Executive Director at the Annual General Meeting, with the appointment taking effect immediately after the meeting concluded. Following this appointment, Mr. Pan has also been named as a member of the Audit Committee, the Remuneration Committee, and the Board Nomination Committee, effective from the conclusion of the Annual General Meeting.