OFA Group Announces Board Changes and Appoints Erwin Baquiran Pineda as Independent Director

OFA Group has accepted the resignation of Won Ping Cheng from its Board of Directors and the Audit Committee, effective immediately. The company has appointed Erwin Baquiran Pineda as an independent director for a two-year term. Mr. Pineda will also serve on the audit, compensation, and nominating and corporate governance committees. He will receive an annual cash compensation of $20,000, payable bi-monthly, and an annual grant of 30,000 restricted ordinary shares, vesting quarterly. Mr. Pineda, aged 60, brings extensive experience in real estate and non-profit leadership. The company has also entered into an independent director agreement with Mr. Pineda, outlining terms of service, compensation, and confidentiality. This filing also includes the Independent Director Agreement as an exhibit.