Huationg Global Limited announced the retirement of Wee Heng Yi, Adrian as Independent Director, Chairman of the Nominating Committee and a member of the Audit Committee, the Remuneration Committee and the Risk Committee. Role And Responsibilities are Duties as an Independent Director, Chairman of the Nominating Committee and a member of the Audit Committee, the Remuneration Committee and the Risk Committee. Mr. Wee Heng Yi, Adrian ("Mr Wee") was first appointed as an Independent Non-Executive Director on 11 November 2014 and has served as an Independent Non-Executive Director for more than 9 years.

Accordingly, following the conclusion of the forthcoming AGM to be held on 26 April 2024, Mr. Wee will no longer be considered independent. As part of the Board renewal process, Mr. Wee has indicated, in accordance with Regulation 119(b) of the Constitution of the Company, that he will be retiring and will not be seeking re-election at the AGM. Accordingly, at the conclusion of the AGM, he will also cease to be the Chairman of the Nominating Committee, as well as a member of the Audit Committee, Remuneration Committee and Risk Committee.

After having interviewed Mr. Wee and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for Mr. Wee's retirement as an Independent Director of the Company. The company appointment of Mr. Wong King Kheng as Independent Director of the Company with effect from 6 April 2024.

Following his aforesaid appointment, Mr. Wong is also appointed as a member of the Audit Committee, member of the Nominating Committee and member of the Remuneration Committee. Following the above appointment and retirement, the Board of Directors and Board Committees shall be re-constituted as follows with effect from 26 April 2024: Board of Directors:- Mr. Ng Hai Liong - (Executive Chairman), Mr. Ng Kian Ann Patrick - (Executive Director and Chief Executive Officer), Mr. Ng Kian Yeow, Vincent -(Executive Director and Chief Operating Officer), Mr. Yap Kian Peng - (Lead Independent Non-Executive Director), Mr. Cheang You Kong - (Independent Director), Ms Gn Jong Yuh Gwendolyn -(Independent Director), Mr. Wong King Kheng - (Independent Director). Audit Committee:- Mr. Yap Kian Peng - (Chairman), Mr. Cheang You Kong - (Member), Mr. Wong King Kheng - (Member), Ms Gn Jong Yuh Gwendolyn -(Member).

Nominating Committee:- Mr. Gn Jong Yuh Gwendolyn -(Chairman), Mr. Yap Kian Peng - (Member), Mr. Cheang You Kong - (Member), Mr. Ng Kian Ann Patrick - (Member), Mr. Wong King Kheng - (Member). Remuneration Committee:- Mr. Cheang You Kong - (Chairman), Mr. Yap Kian Peng - (Member), Mr. Wong King Kheng - (Member), Ms Gn Jong Yuh Gwendolyn -(Member).