The board of directors of NauticAWT Limited announced on 31 July 2023 relating to the appointment of Mr. Lim Kuan Meng as an Independent Non-Executive Director of the Company with effect from 1 August 2023. Following the aforesaid, Mr. Lim Kuan Meng, the Independent Non-Executive Director of the Company will be appointed as the Chairman of the Remuneration Committee, and Members of the Audit and Nominating Committees and Dr. Chirasak Chiyachantana will cease to be a member of the Audit, Nominating and Remuneration Committees. Following the aforesaid appointment, the composition of the Board and the Board Committees with effect from 1 August 2023 shall be as follows: Board of Directors: Dr. Chirasak Chiyachantana Non-Independent Non-Executive Chairman, Mr. Kenny Lim Yeow Hua Lead Independent Director, Dr. Aphichat Sramoon Independent Director, Mr. Lim Kuan Meng Independent Director, Audit Committee: Mr. Kenny Lim Yeow Hua Chairman, Dr. Aphichat Sramoon Member, Mr. Lim Kuan Meng Member, Nominating Committee: Dr. Aphichat Sramoon Chairman, Mr. Kenny Lim Yeow Hua Member, Mr. Lim Kuan Meng Member, Remuneration Committee: Mr. Lim Kuan Meng Chairman, Mr. Kenny Lim Yeow Hua Member, Dr. Aphichat Sramoon Member.