ZICO Holdings Inc. announced in line with the Group's succession and corporate planning, Mr. Chew Seng Kok has been re-designated from his position as Managing Director to Executive Director of the Company to continue to lead the Group's corporate strategy, planning, and business development. Role And Responsibilities: Executive. Mr. Chew Seng Kok will lead the Group's corporate strategy and business development.

Working Experience: Managing Director of ZICO Holdings Inc. Managing Partner of Zaid Ibrahim & Co. Non-Executive Director of PT Anugerah Sumber Makmur Non-Executive Director of PT Minamas Gemilang. Director Experience Details:Mr. Chew Seng Kok has been a Managing Director of ZICO Holdings Inc. since year 2010.

He has attended relevant training courses offered by the Singapore Institute of Directors. Professional Qualifications: Mr. Chew Seng Kok graduated with a LLB (Honours) and a LLM (First Class Honours) from Victoria University of Wellington, New Zealand. He was an Advocate and Solicitor of the High Court of Malaya and also a Barrister and Solicitor of the High Court of New Zealand.

Effective date of appointment is May 12, 2023. In line with the Group's succession and corporate planning, Datuk Ng Hock Heng who was appointed to the Board in year 2010 and subsequently held the role of the Company's Executive Director since year 2014, has been redesignated as the Group Chief Executive Officer to oversee the overall business of the Group, including developing and implementing the businesses and targets. The Board of the Company has accepted the Nominating Committee's recommendation, who has reviewed and considered Datuk Ng Hock Heng to have contributed effectively and demonstrated commitment to his role including commitment of time for the Board.

Role And Responsibilities: Executive. Datuk Ng Hock Heng will continue to be primarily responsible for the management of the Group's Advisory and Transaction Services segment, the Management, Support Services and Licensing Services segment, as well as developing and implementing the businesses and targets of the Group. Working Experience: Executive Director of ZICO Holdings Inc. Independent Non-Executive Director of EcoFirst Consolidated Bhd Chairman of Fragomen Malaysia Sdn.

Bhd. Non-Executive Director of Posco-Malaysia Sdn. Bhd.

Partner of Zaid Ibrahim & Co. Other DirectorShips Present: Group Chief Executive Officer of ZICO Holdings Inc. Independent Non-Executive Director of EcoFirst Consolidated Bhd Non-Executive Director of Posco-Malaysia Sdn. Bhd.

Director Experience Details: Datuk Ng Hock Heng has been an Executive Director of ZICO Holdings Inc. since year 2010. He has attended relevant training courses offered by the Singapore Institute of Directors. Professional Qualifications: Datuk Ng Hock Heng graduated with a Bachelor of Economics (double major in Banking & Accountancy), a Bachelor of Laws and a Masters of Laws (Distinction) from Monash University.

Datuk Ng Hock Heng was also a Notary Public, Registered Tax Agent, and an associate of Certified Practising Accountants, Australia. Datuk Ng was an Advocate and Solicitor of the High Court of Malaya and was a Registered Foreign Lawyer of the Law Society of New South Wales, Australia.