Advancer Global Limited announced resignation of Michelle Li Ying as Chief Financial Officer. Reason For Cessation: To pursue other career opportunities. SAC Capital Private Limited, after having interviewed Ms Michelle Li Ying ("Ms Li"), is satisfied that, save as disclosed in the announcement, there are no material reasons for the resignation of Ms Li as Chief Financial Officer.

There are no concerns with regards to financial reporting that led to the cessation of Ms Li and there are no disagreements between Ms Li and the Board of Directors of the Company with regards to practices that would have an impact to the Group's financial reporting.