The Board of Directors (the "Board") of Mindtell Technology Limited (the "Company") announces that Ms. Lau Meng Hong ("Ms. Lau") has been appointed as an independent non-executive director of the Company ("INED") with effect from 1 September 2023. Ms. Lau, aged 45, has over 20 years of experience in the field of legal and corporate governance in Singapore and Malaysia. From 2005 to 2013, Ms. Lau became a partner at M/S Gan, Lau & Associate and she was responsible for delivering strategic legal solutions to diverse corporate clientele.

Ms. Lau served as a legal advisor at Kendo Trading Pte Ltd. (Singapore) from 2013 to 2017 and she is presently a director of several prominent companies, including Fokus Bonanza Sdn Bhd, Wangsa Premium Sdn Bhd, Qiang Yuan (M) Sdn. Bhd., and Supergenics Therapeutic Sdn. Bhd.

Ms. Lau graduated from the University of Melbourne with double bachelor's degrees in law and commerce (accounting) in 2002. Ms. Lau has entered into a service contract with the Company as an INED. Pursuant to the service contract with the Company, Ms. Lau's appointment would commence on 1 September 2023 for a term of 3 years, subject to retirement by rotation and re-election according to the articles of association of the Company.

She is entitled to a monthly remuneration of HKD 10,000 for being the independent non-executive Director. The remuneration was determined by the Board and the remuneration committee of the Company with reference to the prevailing market conditions, qualification, duties and responsibilities of Ms. Lau. The Board further announces that Ms. Lau has been appointed as a member of each of the audit committee, the nomination committee, and the remuneration committee of the Board, all with effect from 1 September 2023.

Immediately after Ms. Lau's appointment, the composition of the Board committees is as follows: (i) Audit Committee: Mr. Siew Kin Meng (Chairman), Dato' Yeong Kok Hee and Ms. Lau; (ii) Remuneration Committee: Dato' Yeong Kok Hee (Chairman), Mr. Siew Kin Meng, and Ms. Lau; and (iii) Nomination Committee: Dato' Yeong Kok Hee (Chairman), Mr. Siew Kin Meng, and Ms. Lau.