C-Link Squared Limited announced that (i) Mr. Ling Sheng Hwang and Mr. Ling Sheng Chung have ceased to be executive Directors following the expiry of their term of office under the service agreements entered into between the Company with each of Mr. F Ling and Mr. W Ling on 11 March 2020 supplemental letters entered into between the Company with each of Mr. F Ling and Mr. W Ling on 26 March 2023 (ii) immediately following the cessation of their directorships, Mr. F Ling has ceased to be the chairman of the Board, a member of the remuneration committee of the Board and the chairman of the nomination committee of the Board while Mr. W Ling has ceased to be the chief technical officer of the Company and a member of each of the Remuneration Committee and the Nomination Committee; Mr. Ma Shengcong an existing executive Director, has been appointed as the chairman of the Board, the chief executive officer of the Company, the chairman of the Nomination Committee and a member of the Remuneration Committee; and Ms. Zhang Ying has been appointed as an executive Director. Ms. Zhang, aged 42, has approximately 17 years of working experience in the marketing and technology industry. She has an in-depth understanding of emerging marketing technologies, especially in the artificial intelligence field.

Since January 2019, Ms. Zhang has been the marketing director of the emerging innovative business division at Beijing SenseTime Technology Development Co., Ltd* a company engaged in AI software innovation in the People's Republic of China (the "PRC"), in which she is responsible for product incubation and business development of intelligent marketing products in new consumer areas. From May 2016 to December 2018, she worked as the assistant vice president and general manager of the business unit at OpSmart Technology Co., Ltd* a company engaged in the development and integration of intelligent hardware, data management platforms and precision marketing, commercial application of big data and global network services in the PRC. From September 2014 to December 2015, she worked as the vice president of BlueFocus Culture Communication Co.

Ltd. a marketing technology company of the BlueFocus, Communication Group in the PRC. From October 2010 to April 2014, she worked as the senior sales manager at JCDecaux China, an outdoor advertising company in the PRC. From August 2008 to September 2010, she worked as the assistant to the chief executive officer at the PRC branch company of Neo Media Group a digital, marketing company.

From May 2006 to August 2008, she worked as the assistant to the general manager of the business division at Avic Culture Co., Limited* a company engaged in public relations, film and television, and media and outdoor advertising in the PRC.