The Board of Directors of Nippecraft Limited announced the appointment of Mr. Eddie Foo Toon Ee as an Independent Director of the Company with effect from 15 March 2024. Consequent to the above appointment of Mr. Foo, the composition of the Board with effect from 15 March 2024 is reconstituted in the following manner: Board of Directors Khoo Song Koon - Non-Executive Chairman and Independent Director; Raja Hayat- Executive Director and Chief Executive Officer; Chan Cheng Fei - Executive Director and Chief Financial Officer; Chow Wai San - Independent director; Raymond Lam Kuo Wei - Independent director; Eddie Foo Toon Ee - Independent director. The composition of the Audit Committee, Nominating Committee and Remuneration Committee remains unchanged.

Role And Responsibilities- Non-executive. Working Experience: Group CFO, CSE Global Ltd. (April 2014 to Present) Group CFO, ECS Holdings Ltd. (October 2003 to March 2014). Other DirectorShips Present: CSE (Americas) Pte Ltd. CSE Global (Americas) Pte Ltd. CSE-Crosscom (International) Pte Ltd. CSE Crosscom UK Limited CSE Crosscom USA Inc. CSE-IAP Pte Ltd. CSE-EIS Pte Ltd. CSE-ITS Pte Ltd. CSE-Hankin (Singapore) Pte Ltd. CSE Technologies Pte Ltd. Grid Communications Pte Ltd. CSE-EIS (Malaysia) Sdn Bhd CSE Systems & Engineering (India) Private Limited CSE-Hankin (Taiwan) Ltd. CSE W-Industries De Mexico, S. de R.L. de C.V. (Mexico).

Director Experience Details: Mr. Foo has attended the Listed Entity Directors (LED) 1 - 6 trainings as well as the LED-Environmental, Social and Governance Essentials (Core) training conducted by Singapore Institute of Directors and he will be attending LED 7-8 training in mid-March 2024. Professional Qualifications: Chartered Accountant, Institute of Singapore Chartered Accountants Certified Public Accountant, CPA Australia.