The Board of Directors of Darco Water Technologies Limited refers to the cessation announcement released on 5 October 2022 relating to Mr. Kong Chee Keong's resignation as an Executive Director and the Chief Executive Officer of the Company. With reference to the item "effective date of cessation of 3 January 2023" in the Cessation Announcement, the Company clarified that the date refers to the end of his notice period for his employment with the Company, but he will cease to be Executive Director and the Chief Executive Officer of the Company with effect from 4 October 2022.