Credit Intelligence Ltd. provided an update on the composition of the Board having reviewed the current portfolio of the Company. Commensurate with the internal review strategy of the Company, Mr. Doman Wong, has tendered his resignation as an independent Non-Executive Director of the Company, with effect from 1 March 2024. Mr. Wong had joined the Board in January 2024 to assist in the Company's transition period subsequent to the resignation of Mr. Jimmie Wong, following which the Company had conducted an internal review of the current portfolio of the Company and the procedures in place.

Following Mr. Wong's resignation, Mr. Michael Pixley will assume the role as chairperson of the audit committee. The Board Committees composition remain comprised of only non-executive directors.