EUDA Health Holdings Limited announced that at a meeting of the register Board of the company on May 14, 2023, the Register Board voted in favor of removing Leonard Chee Hyong Chia as a director of the Company effective immediately. Prior to his removal, Mr. Chia served as a director, and member of each of the Audit Committee, Corporate Governance and Nominating Committee and Compensation Committee. As a result of his removal as a director, Mr. Chia was also removed as a member of each of the Audit Committee, Corporate Governance and Nominating Committee and Compensation Committee.

The company has provided Mr. Chia with a copy of the Notice of the Register Board Meeting held on May 14, 2023 and provided Mr. Chia with the opportunity to attend the said Register Board meeting. However, Mr. Chia did not attend the Register Board meeting convened on May 14, 2023. The circumstances that led to the removal of Mr. Chia as a director include the Register Board's belief that Capes and Associates' conduct was disruptive to the Company's operations.

The Company has provided Mr. Chia with a copy of the disclosures made in this Report and is providing Mr. Chia with the opportunity to furnish to the Company, as promptly as possible, a letter addressed to the Company stating whether he agrees with the statements made by the Company in this Report and, if not, stating the respects in which he does not agree. The Company will file any such letter received from Mr. Chia as an exhibit by amendment to this Report within two business days after receipt. As a result, the composition of the Register Board committees as of the date of this Report is as follows: The Audit Committee consists of Eric Lew (Chairman) and Alfred Lim.

The Corporate Governance and Nominating Committee consists of Eric Lew (Chairman) and Alfred Lim. The Compensation Committee consists of Alfred Lim (Chairman) and Eric Lew.