GDS Global Limited announced Ms Lee Pei Fang ("Ms Lee") will be appointed as Executive Director of the Company with effect from 1 November 2023. Mr. Wong Lok Yung ("Mr Wong") has relinquished his position as Chief Executive Officer and accordingly, has been re-designated as Non-Executive Non-Independent Chairman from Executive Chairman with effect from 16 November 2023. He will continue to provide guidance to the Group in its strategic and operational objectives, but will cease to be involved in the Group's day-to-day management and operations and will no longer be part of the Group's management.

Mr. Wong shall also cease as a member of the Nominating Committee with effect from 15 November 2023. The Nominating Committee and the Board are of the opinion that with the abovesaid changes, the Board size and its composition remain appropriate, considering the current scope and nature of the operations of the Group. Consequent to the aforesaid changes and with effect from ("wef") 1 November 2023, the composition of the Board and Board Committees of the Company shall be as follows: Board of Directors: Wong Lok Yung - Executive Chairman and Chief Executive Officer (Redesignated as Non-Executive Non-Independent Chairman wef 16 November 2023); Lee Pei Fang - Executive Director; Aw Eng Hai - Lead Independent Non-Executive Director; Cheam Heng Haw, Howard - Independent Non-Executive Director; Doreen Yew Lai Leng - Independent Non-Executive Director; Wu Chiaw Ching - Independent Non-Executive Director; (cease wef 14 November 2023); Pebble Sia Huei-Chieh - Independent Non-Executive Director (cease wef 14 November 2023); Tan Soon Liang - Independent Non-Executive Director (cease wef 14 November 2023); Audit Committee - Aw Eng Hai - Chairman; Cheam Heng Haw, Howard - Member; Doreen Yew Lai Leng - Member; Wu Chiaw Ching - Member (cease wef 14 November 2023); Pebble Sia Huei-Chieh - Member (cease wef 14 November 2023); Tan Soon Liang - Member (cease wef 14 November 2023).

Remuneration Committee - Cheam Heng Haw, Howard - Chairman; Aw Eng Hai - Member; Doreen Yew Lai Leng - Member; Wu Chiaw Ching - Member (cease wef 14 November 2023); Pebble Sia Huei-Chieh - Member (cease wef 14 November 2023); Tan Soon Liang - Member (cease wef 14 November 2023). Cheam Heng Haw, Howard - Chairman; Aw Eng Hai - Member; Doreen Yew Lai Leng - Member; Tan Soon Liang - Member (cease wef 14 November 2023); Wu Chiaw Ching - Member (cease wef 14 November 2023); Pebble Sia Huei-Chieh - Member (cease wef 14 November 2023); Wong Lok Yung - Member (cease wef 15 November 2023).