F J Benjamin Holdings Ltd. announced the retirement of Ms Karen Chong Mee Keng as the Chief Financial Officer and the appointment of Mr. Foo Say Tain as the new Chief Financial Officer, effective March 18, 2024. Ms Karen Chong will be serving her notice period and her last day of employment will be 10 May 2024 to assist during the transition period and to ensure proper handover of duties. Mr. Foo will be responsible to oversee the financial and accounting functions of the Group including statutory and regulatory compliance has Working Experience: Year 2007 - Year 2023: CFO of Interra Resources Limited, Other DirectorShips Past: Interra Resources (Australia) Pte.

Ltd. - Goldwater Company Limited - Goldwater Eagle Ltd. - Goldwater Energy Ltd. - Goldwater Indonesia Inc. - Goldwater KP Pte. Ltd. - Goldwater TMT Pte. Ltd. - Goldpetrol Joint Operating Company Inc. - Goldwater LS Pte.

Ltd. Professional Qualifications includes Fellow Chartered Accountant of Institute of Singapore Chartered Accountants (ISCA) - Bachelor of Business Administration from National University of Singapore. Ms Chong had overseen the financial and accounting functions of the Group including statutory and regulatory compliance, Other DirectorShips Present: F J Benjamin (Singapore) Pte Ltd. - F J Benjamin Ideas Pte Ltd. - Fashion Dynamics (Singapore) Pte Ltd. - F J Benjamin Lifestyle Pte Ltd. - F J Benjamin (H.K.) Limited - Ferro Designs Limited - Fashion Dynamics HK Limited - F J Benjamin Lifestyle Sdn Bhd - Estair Private Ltd. Reason For Cessation: Ms Chong is retiring as the CFO and Company Secretary with effect from 18 March 2024. Ms Chong will be serving her notice period and her last day of employment will be 10 May 2024 to assist during the transition period and to ensure proper handover of duties.

After having interviewed Ms Chong and to the best of its knowledge, the Company's Sponsor, ZICO Capital Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Ms Chong as the CFO and Company Secretary. In addition, there are no concerns with regards to financial reporting that led to the cessation of Ms Chong and there are no disagreements between Ms Chong and the board of directors of the Company with regards to practices that would have an impact on the Company's and Group's financial reporting.