Nam Tai Property Inc. announced that Mr. Bong Shan-Nen has resigned as the Chief Financial Officer of the company due to personal reasons. The company confirms that Mr. Bong’s departure was voluntary and amicable. Upon the resignation of Mr. Bong as the CFO, Mr. Koo Ming Kown will assume the role of acting CFO of the company with immediate effect while the Company conducts a search for a replacement CFO. Mr. Koo is a founder and the Executive Chairman of Nam Tai, and has held the position of Chief Financial Officer of the Company at various times over the last 40 years. The management of the Company considers that such change of personnel has no impact on the Company.