LifeBrandz : Change - Announcement Of Resignation Of Chief Financial Officer

Mr Cheung Ka Ho ("Mr Cheung") will step down as the Chief Financial Officer of the Group to pursue other career opportunities.

SAC Capital Private Limited, after having enquired Mr Cheung, is satisfied that save as disclosed in this announcement, there are no material reasons for the resignation of Mr Cheung.

Mr Cheung has confirmed that there are no concerns with regard to financial reporting that led to his resignation and there are no disagreements with regard to practices that will have an impact on the Group's financial reporting.

The Board wishes to express its sincere gratitude to Mr Cheung for his invaluable contribution to the Group during his tenure of service.

In order to clear his outstanding leave, Mr Cheung has been on leave since 1 October 2021 and his leave will continue until 30 November 2021. To ensure smooth and orderly handover of his duties and responsibilities, Mr Cheung has confirmed that he has completed the handover process before his leave period and he will still be contactable during the leave period.

The Company will finalise the appointment of the replacement Chief Financial Officer and make further announcement(s) in due course. In the interim, Mr Thng Tien Lung, the current Financial Controller of the Company, will undertake the corresponding roles and responsibilities of the Chief Financial Officer during Mr Cheung s leave period and upon the cessation of Mr Cheung.