The Board of Director of Aedge Group Limited announced on 10 October 2023 on the retirement of its Lead Independent Non-Executive Director, Mr. Hoon Tai Meng ("Mr Hoon"). Following his retirement as Lead Independent Non-Executive Director, Mr. Hoon ceased to be Chairman of the Audit and Risk Committee, and member of the Nominating Committee and Remuneration Committee with effect from 26 October 2023. the board announce that Mr. Lim Tai Toon ("Mr Lim") has been appointed as Lead Independent Non-Executive Director, Chairman of the Audit and Risk Committee and member of the Nominating Committee and Remuneration Committee with effect from 2 November 2023.

The Board considers Mr. Lim to be independent. Working Experience: Lead Independent Director and AC Chairman, a member of the NC and the RC of Medtecs International Corporation Limited since 2010. - Lead Independent Director and AC Chairman, a member of the NC and the RC of Medinex Ltd. since 2018.

- Adjunct lecturer of Loughborough University till 2020. - General Manager, Student Castle Property Management Service (UK) with Cuscaden Peak Investment since 1 March 2021. Professional Qualifications: Master of Business (Information Technology) from Curtin University of Technology (Australia).

Master of Business Administration from Henley Management College (United Kingdom). Bachelor of Accountancy from National University of Singapore (Singapore). Fellow Chartered Accountant of The Institute of Singapore Chartered Accountants.

Director Experience Details: Lead Independent Director & Chairman of Audit Committee of Medinex Limited (2018 - present) 2. Lead Independent Director & Chairman of Audit Committee of Medtecs International Limited (2010 - present). Following the above changes, the new composition of the Board and the Board Committees of the Company with effect from 2 November 2023 are as follows: - In Audit and Risk Committee: Lim Tai Toon - Chairman, Goh Joon Lian - Member, Guok Chin Huat Samuel - Member. In Remuneration Committee: Guok Chin Huat Samuel - Chairman, Goh Joon Lian - Member, Lim Tai Toon - Member, In Nominating Committee: Goh Joon Lian - Chairman, Lim Tai Toon - Member and Poh Soon Keng - Member.