Board of Directors

MR. SERGE PUN THEIM WAI

Executive Chairman

Mr. Serge Pun is a Myanmar national and the Chairman of Serge Pun & Associates (Myanmar) Limited (“SPA”). In 1983, Mr. Pun founded Serge Pun & Associates Limited in Hong Kong SAR and eventually returned to the country of his birth to establish SPA in 1991. In 1992, Mr. Pun established First Myanmar Investment Company Limited (“FMI”) as one of the earliest public companies (unlisted) in Myanmar. In 2006, he led Yoma Strategic to a successful listing on the mainboard of the SGX-ST, and in 2016, FMI became the first company to list on the YSX. Mr. Pun is a member of the World Economic Forum’s ASEAN Regional Strategy Group and ASEAN Regional Business Council. He is a standing member of the Chinese People’s Political Consultative Conference of Dalian and a member of the Asia Business Council. He is also the Chair of the International Advisory Board of Singapore Management University for Myanmar, the Vice-Chairman and CEO of New Yangon Development Company (“NYDC”) and served as an Honorary Business Representative of the International Enterprise Singapore for Myanmar from 2004 till 2006. Mr. Pun is a frequent speaker in international forums on Myanmar and ASEAN.

MR. GEORGES MICHEL NOVATIN

Chief Executive Officer and Executive Director

Mr. Michel Novatin is an industry veteran with over 40 years of extensive experience in managing luxury hotels including leading roles where he was the consultant and adviser to Triangle Hotel and Resorts from 2010 to 2013, the chief executive officer of Shaza Hotels from 2008 to 2010, the chief operating officer of Kempinski Hotels from 2003 to 2008 and the managing director of the Société des Bains de Mer in Monte Carlo from 1997 to 2002. As managing director of the Société des Bains de Mer in Monaco, Mr. Novatin was employed by Prince Rainer and Goldman Sachs to oversee the reorganisation of the company. His last appointment was as the chief operating officer of Steigenberger Hotels Group in Germany from 2014 to 2015.

MR. TUN TUN, Non-Executive Director

Prior to joining Memories Group Limited in 2017, Mr. Tun Tun joined the SPA Group in 1998. Over the years he has held various positions in the SPA Group, including roles in corporate secretarial, legal, accounting finance, stock exchange listing, operation management, business development and investment management. Mr. Tun Tun has been an executive director of FMI since 2009 and also holds directorships in many of FMI’s companies and joint ventures. He is also an Associate Member of the Institute of Chartered Secretaries & Administrators (UK). Mr. Tun Tun was appointed as FMI’s chief financial officer in 2011.

MR. BASIL CHAN

Lead Independent Director

Mr. Basil Chan is the Founder and Managing Director of MBE Corporate Advisory Pte. Ltd. Mr. Chan has more than 35 years of experience in audit, financial and general management, having held senior financial and management positions in both private and listed companies. Mr. Chan was formerly a director and a member of the Governing Council of the SID for almost 12 years. He is currently a member of the Audit Committee Chapter of SID. He was a member of the Corporate Governance Committee in 2001 that developed the Singapore Code of Corporate Governance and was a former member of the Accounting Standards Committee and the Auditing and Assurance Standards Committee of the Institute of Singapore Chartered Accountants (“ISCA”). He currently sits on the Corporate Governance and Risk Management Committee of ISCA as its Deputy Chairman. He is a Chartered Accountant by training and is a Fellow member of the Institute of Chartered Accountants in England and Wales as well as a Fellow of the Singapore Institute of Directors.

MR. ROBIN LEE CHYE BENG

Non-Executive Independent Director

Mr. Robin C. Lee has more than 28 years of business management, development and operational experience in various sectors including retail, consumer goods, healthcare and automobiles distribution, integrated and project logistics and information technology. Mr. Lee is currently employed by Bok Seng Logistics Pte Ltd as their group’s chief operating officer. Mr. Lee began his career in IT business development, sales and marketing in 1989 at Mumps Systems Support (S) Pte Ltd. Between 1989 and his current position at Bok Seng Group, Mr. Lee took on various management roles both here and overseas in organisations such as Li & Fung Group, Sime Darby Group, Piaggio Asia Pacific, The East Asiatic Company, Toys “R” Us Singapore, and Rentokil Initial Asia Pacific. Mr. Lee is a member of the Singapore Institute of Directors and the Singapore Institute of Management and has received awards for community service to education by the Singapore Ministry of Education in 2001, 2006 and 2017, as well as community service awards by the Singapore People’s Association in 2001, 2006, 2012 and 2017.

MS. JUDY CHAN

Non-Executive Independent Director

Ms. Judy Chan has more than 16 years of management and operations experience in the food and beverage sector. She is currently the President of Shanxi Grace Vineyard Co. Limited and the chief executive officer of Grace Wine Holdings Limited. Grace Wine Holdings Limited had on 11 June 2018 announced the details of its proposed listing of shares on the Growth Enterprise Market of the Hong Kong Stock Exchange (“HKSE”) and trading of its shares is expected to commence on 27 June 2018. Ms. Chan is responsible for the business development and operations for the winery and wine businesses of these two (2) companies. Ms. Chan has extensive experience in marketing, branding and trading in the Asia-Pacific region. Ms. Chan worked in the human resources department of Goldman Sachs in Hong Kong from 2000 to 2002, and joined Shanxi Grace Vineyard Co., Limited as President in 2002. Ms. Chan has also served as a director of Origin Holdings (HK) Limited since 2006, where she is responsible for the management and financial operations of its businesses of power generation, waste-water treatment plant, property development and investments in Indonesia. She has been an independent non-executive director of Sing Tao News Corporation Limited, which is listed on the Main Board of the HKSE since 2013. Ms. Chan has received various awards and accolades for her achievements in the food and beverage sector, including the Ernst & Young – Emerging Entrepreneur of the Year award in 2010, the Asian Wine Personality of the Year award granted by the Drinks Business magazine & the Institute of Masters of Wine in 2012, the Wine Personality of the Year award granted by the La Revue du Vin de France Wine magazine in 2014 and was included in the “Top 5 Most Innovative Women in Food and Drink” list issued by Fortune and Food & Wine magazines in 2014.

Management

MR. SERGE PUN THEIM WAI

Executive Chairman

Mr. Serge Pun is a Myanmar national and the Chairman of Serge Pun & Associates (Myanmar) Limited (“SPA”). In 1983, Mr. Pun founded Serge Pun & Associates Limited in Hong Kong SAR and eventually returned to the country of his birth to establish SPA in 1991. In 1992, Mr. Pun established First Myanmar Investment Company Limited (“FMI”) as one of the earliest public companies (unlisted) in Myanmar. In 2006, he led Yoma Strategic to a successful listing on the mainboard of the SGX-ST, and in 2016, FMI became the first company to list on the YSX. Mr. Pun is a member of the World Economic Forum’s ASEAN Regional Strategy Group and ASEAN Regional Business Council. He is a standing member of the Chinese People’s Political Consultative Conference of Dalian and a member of the Asia Business Council. He is also the Chair of the International Advisory Board of Singapore Management University for Myanmar, the Vice-Chairman and CEO of New Yangon Development Company (“NYDC”) and served as an Honorary Business Representative of the International Enterprise Singapore for Myanmar from 2004 till 2006. Mr. Pun is a frequent speaker in international forums on Myanmar and ASEAN.

MR. GEORGES MICHEL NOVATIN

Chief Executive Officer and Executive Director

Mr. Michel Novatin is an industry veteran with over 40 years of extensive experience in managing luxury hotels including leading roles where he was the consultant and adviser to Triangle Hotel and Resorts from 2010 to 2013, the chief executive officer of Shaza Hotels from 2008 to 2010, the chief operating officer of Kempinski Hotels from 2003 to 2008 and the managing director of the Société des Bains de Mer in Monte Carlo from 1997 to 2002. As managing director of the Société des Bains de Mer in Monaco, Mr. Novatin was employed by Prince Rainer and Goldman Sachs to oversee the reorganisation of the company. His last appointment was as the chief operating officer of Steigenberger Hotels Group in Germany from 2014 to 2015.

MR. NG JIA WEI

Financial Controller

Mr. Ng is a Financial Controller with 17 years of experience in financial audit, finance and management accounting, treasury, corporate finance, corporate governance, regulatory compliance and merger & acquisition for the banking, oil & gas, and shipping industries. Mr. Ng has handled complex financial issues and achieved practical solutions to financial, operating and reporting processes and has built up people, capabilities and systems to further business objectives, promote corporate compliance and governance, against business and financial risks. Mr. Ng adopts a long-term view of developing finance capabilities and focuses on being a people-manager in order to build strong finance teams from local to regional levels. Mr. Ng started his professional career in 2001 in Malaysia with a Bachelor of Business degree majoring in accounting. He later moved to Yangon in 2013 and was appointed as General Manager for Finance, HR and Administration for a Malaysian joint venture. Mr. Ng is a member of CPA Australia and the Malaysia Institute of Accountants (MIA).