The board of directors of Azeus Systems Holdings Ltd. announced Mr. Lee Wan Lik (Mr. Lee) has step down from his position as the chief executive officer of the company effective from 15 March 2022 and remains as the Executive Chairman and a member of the Nominating Committee of the company. Mr. Michael Yap Kiam Siew (Mr. Yap) the executive director and deputy chairman of the board has been appointed the chief executive officer of the company with effect from 15 March 2022.