SMI Vantage Limited announced that Mr. Tan Chade Phang ("Mr Tan") will be appointed as an Independent and Non-Executive Director of the Company with effect from 1 September 2023. Following his appointment to the Board of Directors, Mr. Tan will also be appointed as a member of Audit, Remuneration and Nominating Committees. Consequent to the aforesaid change, the composition of the Board and Board Committees.

shall be as follows with effect from 1 September 2023: Board of Directors- Ho Kwok Wai - Non-Executive Chairman and Non-Executive Director, Mark Francis Bedingham - Executive Director, President and Chief Executive Officer, Sam Chong Keen - Lead Independent Director, Willem Mark Nabarro - Independent Director, Edna Claudine Leong Lai Yee - Independent Director, Tan Chade Phang - Independent Director. Audit Committee- Sam Chong Keen - Chairman, Willem Mark Nabarro, Edna Claudine Leong Lai Yee. Tan Chade Phang Nominating Committee- Edna Claudine Leong Lai Yee - Chairman, Sam Chong Keen, Willem Mark Nabarro, Tan Chade Phang.

Remuneration Committee- Willem Mark Nabarro - Chairman, Sam Chong Keen, Edna Claudine Leong Lai Yee, Tan Chade Phang.