G.H.Y Culture & Media Holding Co., Limited announced that the cessation of Low Hui Min as Chief Financial Officer. Ms. Low is responsible for all finance and accounting-related matters of the Group. Other Director Ships Present: G.H.Y Culture & Media (Singapore) Pte.

Ltd. GHY Culture & Media (Malaysia) Sdn Bhd G.H.Y Culture & Media (Australia) Pty Ltd. GHY Culture & Media (IMS) Sdn Bhd GHY Culture & Media (ISK) Sdn Bhd Uni-Icon Entertainment Pte. Ltd. G.H.Y Talent Pte. Ltd. G.H.Y. Culture & Media Japan Co.

Ltd. Studio Management Services Sdn. Bhd. Reason For Cessation: Ms. Low had tendered her resignation from her position as Chief Financial Officer on 18 December 2023 due to personal commitments.

Arrangements in respect of Ms. Low's resignation, including the effective date of her cessation as Chief Financial Officer, were finalized shortly prior to the date hereof pursuant to mutual agreement with the Board. In the interim period, Ms. Low will work closely with the Finance team to handover her responsibilities until the effective date of her cessation. The Company is in process of finalizing the appointment of a candidate for the position of the Chief Financial Officer and will make the necessary announcement when the candidate is appointed.

There are no concerns with regards to financial reporting that led to the cessation of Ms. Low as the Chief Financial Officer of the Company and there are no disagreements between Ms. Low and the Board of Directors with regards to practices that would have an impact on the Company's and the Group's financial reporting.