shopper360 Limited announced the Cessation of Chow Siew Bee as Financial Controller. Role And Responsibilities: She is responsible for overseeing the financial and accounting functions of the Group, including financial reporting, internal controls and taxation. Other Directorships Present: Pusat Jagaan Hui Xue Sdn Bhd Instanture Holdings Sdn Bhd.

Reason For Cessation: Ms. Chow Siew Bee ("Ms. Chow") would relinquish her existing position as Financial Controller of the Company and would be re-designated as Head of Commercial Projects of the Company with effect from 1 September 2022 due to her health condition. Following the re-designation, Ms. Chow will no longer be an executive officer of the Company. After having interviewed Ms. Chow and to the best of its knowledge, the Company's Sponsor, ZICO Capital Pte.

Ltd. is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Ms. Chow as the Financial Controller of the Company. In addition, there are no concerns that the cessation is due to any financial reporting concerns or matters and there are no disagreements between Ms. Chow and the Board with regards to practices that would have an impact on the Company's and the Group's financial reporting. The Company will appoint Mr. Siew Kok Yoong as the new Financial Controller of the Company with effect from 1 September 2022 and the announcement will be released by the Company separately.