Eindec Corporation Limited announced that Ms. Queenie Foo Quek Cheng had on 1 July 2022 tendered her resignation as the Acting CEO of the Company to pursue other career opportunities. The Board of Directors of the Company has accepted Ms. Foo's resignation. Ms. Foo is currently serving a two months' notice period in accordance with her employment agreement with the Company, and her last day of employment with the Company will be on 31 August 2022.

The Board is in the midst of identifying suitable candidates to fill the respective positions of and CEO, and will make necessary announcements when the candidates are appointed.