Abundance International Limited announced the appointment of Lai Chin Yee as Lead Independent Director of the Company after taking into account her experience and ability to contribute to the Company. Date of appointment is January 02, 2023. Role And Responsibilities: Non-Executive.

Job Title: Lead Independent Director Chairman of the Audit Committee Member of the Nominating Committee Member of the Remuneration Committee. Working Experience is as following May 2000-Nov 2004: Financial Controller of Qian Hu Corporation Limited ("QHCL") November 2004 - Present: Finance Director of QHCL July 2001 - Present: Company Secretary of QHCL. Other DirectorShips Past are as follows Ryobi Kiso Holdings Ltd. (December 2009 - May 2019): Independent Director & Chairman of Audit Committee Qian Hu Corporation Limited (November 2004 - March 2022): Executive Director.

Other DirectorShips Present are as follows Micro-Mechanics (Holdings) Ltd. (June 2014 - Present): Independent Non-Executive Director, Chairman of Audit Committee & Risk Management/Sustainability Committee Institute of Singapore Chartered Accountants ("ISCA") (April 2018 - Present): Council Member Accounting and Corporate Regulatory Authority ("ACRA") (April 2019 - Present): Board Member ACRA (April 2021 - Present): Chairman of Audit and Risk Management Committee Chua Chu Kang Town Council (August 2020 - Present): Town Councilor and Vice Chairman of Finance Committee Singapore Paincare Holdings Ltd. (June 2020 - Present): Independent Non-Executive Chairman & Chairman of Audit Committee Livingpath Private Limited (September 2022 - Present): Director. Director Experience Details: November 2004 to March 2022 - Qian Hu Corporation Limited (Executive Director) June 2007 to April 2015 - China Sports International Limited (Lead Independent Non-Executive Director & Chairman of Audit Committee) December 2009 to May 2019 - Ryobi Kiso Holdings Ltd. (Independent Non-Executive Director & Chairman of Audit Committee) March 2010 to September 2013 - CCM Group Limited (Independent Non-Executive Director & Chairman of Audit Committee) June 2014 to Present - Micro-Mechanics (Holdings) Ltd. (Independent Non-Executive Director & Chairman of Audit Committee & Risk Management/Sustainability Committee) June 2020 to Present - Singapore Paincare Holdings Ltd. (Independent Non-Executive Chairman & Chairman of the Audit Committee). Professional Qualifications are as following Bachelor's degree in Accountancy, National University of Singapore Fellow Chartered Accountant (FCA) of the Institute of Singapore Chartered Accountants (ISCA) Member of the Singapore Institute of Directors (SID).