The Board of Directors of AustAsia Group Ltd. announced that Ms. Gabriella SANTOSA, a Non-executive Director and a controlling shareholder of the Company, has replaced Mr. TAN Yong Nang as a member of the Remuneration Committee (the "RC") with effect from 2 November 2023. Mr. TAN Yong Nang will continue to be an Executive Director (Executive Chairman) and a chairman of the nomination committee of the Board (the "Nomination Committee") after his retirement as a member of the RC. Following the above change, the RC comprises of the following: Mr. CHANG Pan, Peter (Chairman), Independent Non-executive Director; Mr. SUN Patrick (Member), Independent Non-executive Director and Ms. Gabriella SANTOSA (Member) Non-executive Director.