The board of directors of CSE Global Limited announced the following board appointment and changes to the board committees with effect from 1 May 2023 as part of the board's continuous effort to renew and refresh the board composition: The appointment of Mr. Tan Teck Koon as non-executive non-independent director and as a member of the audit and risk committee; the appointment of Mr. Derek Lau Tiong Seng, non-executive non-independent director, as a member of the compensation committee. Mr. Derek Lau will relinquish his position as a member of the Investment Committee; the appointment of Dr Lee Kong Ting, independent director, as member of the Investment committee. Dr. Lee will relinquish his position as a member of the Compensation Committee.

Following the changes, the composition of the board of directors, audit and risk committee, compensation committee and investment committee will be as follows: Board of Directors: Mr. Lim Ming Seong - Chairman, Independent Director; Mr. Lim Boon Kheng - Group Managing Director, Executive Director; Mr. Sin Boon Ann - Independent Director; Dr. Lee Kong Ting - Independent Director; Mr. Tan Chian Khong - Independent Director; Ms. Ng Shin Ein - Independent Director; Ms. Wong Su Yen - Independent Director; Mr. Derek Lau Tiong Seng - Non-Executive Non-Independent Director; Mr. Tan Teck Koon - Non-Executive Non-Independent Director. Audit and Risk Committee: Mr. Tan Chian Khong ­ Chairman; Dr. Lee Kong Ting; Ms. Ng Shin Ein; Mr. Tan Teck Koon. Compensation Committee: Mr. Lim Ming Seong ­ Chairman; Mr. Sin Boon Ann; Ms. Wong Su Yen; Mr. Derek Lau Tiong Seng.

Investment Committee: Mr. Lim Ming Seong ­ Chairman; Mr. Lim Boon Kheng; Dr. Lee Kong Ting. The composition of the Nominating Committee remains unchanged.