The board of directors of Grand Parade Investments Limited advised that Mr. Gayasuddin Ahmed ("Gayasuddin") has been appointed as Financial Director of the Company with effect from 1 October 2023. Gayasuddin is a chartered accountant and holds the qualification BCompt (Hons). He has over 15 years professional experience including serving as the financial manager during his time with the Company.

Prior to joining GPI, Mr. Ahmed's experience included various roles across a diverse range of industries. Mr. Jayson October ("Jayson"), a director and the chief financial officer of the Company has resigned as a director and as the chief financial officer with effect from 30 September 2023.