Global Sweeteners Holdings Limited announced that Mr. Wang Guicheng will resign as an executive Director with effect from a date which is no earlier than such date as permitted under Rule 7 of the Takeovers Code (i.e. after the close of the Offer). As such, Mr. Wang Guicheng has resigned as an executive Director with effect from immediately after the publication of this joint announcement on 17 January 2024. Mr. Wang Guicheng has confirmed that he has no disagreement with the Board and there are no other matters with respect to his resignation that need to be brought to the attention of the Shareholders or the Stock Exchange.