The Board of Directors of Acesian Partners Limited announced the appointment of Mr. Quek Pok Yeow, Stephen (Mr. Quek) has been appointed as the Independent Director of the Company. Mr. Quek has also been appointed as the Chairman of the Remuneration Committee, Member of the Audit and Nominating Committee of the Company respectively. Working Experience: 2013 to Present - CEO, Metro Transit Solutions Pte Ltd; 2019 to Present - CEO, MTS Systems Engineering Pte Ltd; 2018 to 2020 - Executive Director, GHY Culture & Media (Singapore) Pte Ltd.Other Directorships Past: Indana Pte.

Ltd.; QFin Asia Pte. Ltd.; Perfect Credit Pictures (Singapore) Pte. Ltd.; Xinfei Digital Pte.

Ltd.; G.H.Y Culture & Media (Singapore) Pte. Ltd.; Udaan Pte. Ltd. Other Directorships Present: Giti Tire Corporation; DTRO Singapore Pte.

Ltd.; Metro Transit Solutions Pte. Ltd.; MTS Systems Engineering Pte. Ltd.; TRES Engineering Consultants Pte.

Ltd.; MTS M&E Pte. Ltd.; SML Holdings Pte. Ltd.; SML Capital Pte.

Ltd.; Key Direction (Singapore) Pte. Ltd.; SML Solutions Pte. Ltd. Professional Qualifications: Bachelor's Degree (Hon) in Banking and Finance, University of London, UK; Appointment Date is July 05, 2024.

Consequent to the changes, the composition of the Board Committees of the Company is now as follows: Audit Committee: Mr. Neo Gim Kiong (Chairman); Mr. Quek Pok Yeow, Stephen (Member); Mr. Ho Ta Huang (Member)l Nominating Committee: Mr. Neo Gim Kiong (Chairman); Mr. Quek Pok Yeow, Stephen (Member); Mr. Ho Ta Huang (Member); Remuneration Committee: Mr. Quek Pok Yeow, Stephen (Chairman); Mr. Neo Gim Kiong (Member); Mr. Ho Ta-Huang (Member).