Healthway Medical Corporation Limited announced the retirement of Khor Chin Kee as Chief Executive Officer. Dr. Khor leads and oversees all decisions made by the Company, as well as the development of its strategy and direction. Other DirectorShips Past: Claas Medical Centre Pte.

Ltd., BCNG Holdings Pte. Ltd., Without Borders Pte. Ltd. Other DirectorShips Present are SBCC Clinic Pte Ltd. - Healthway Medical Group Pte Ltd. - Island Orthopaedic Consultants Pte Ltd. - Vista Medicare Pte.

Ltd. - Silver Cross Healthcare Pte Ltd. - Healthway Medical Enterprises Pte Ltd. - Unimedic Pte. Ltd. - Healthway Dental Pte. Ltd. - The Clinic @ One George Street Pte.

Ltd. - SBCC Women's Clinic Pte. Ltd. - The Clinic @ Campus Pte. Ltd. - The Clinic @ Fusionopolis Pte.

Ltd. - Mednefits Singapore Pte. Ltd. - The Clinic @ Aperia Pte. Ltd. - The Clinic @ Capitagreen Pte.

Ltd. - Mednefits Pte. Ltd. - The Clinic @ Business City Pte. Ltd. - UCare.IO Pte.

Ltd. - The Clinic @ Tai Seng Pte. Ltd. - The Clinic @ Marina One Pte. Ltd. - EBH Capital Pte.

Ltd. - The Clinic@ HF Pte. Ltd. - Mednefits Holdings Pte. Ltd. Direct interest of 2,000,000 shares and deemed interest of 10,260 shares held by his wife, Dr Chong Bick Yew.

Dr. Khor has been appointed as Chief Executive Officer of the Company since 1 June 2018 under service agreement. His current service agreement will expire on 30 June 2022. Dr. Khor's main task upon appointment was to drive the then on-going transformation initiatives.

The Company has since turned around under Dr. Khor's leadership and Dr. Khor thought it would be apt for him to step down at this juncture, upon expiry of his service agreement so that a new candidate with a fresh skillset can come onboard to lead the Company in its next stage of development and growth. After having interviewed Dr. Khor and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Dr. Khor as the Chief Executive Officer of the Company.

Shareholding Interest Details: Direct interest of 2,000,000 shares and deemed interest of 10,260 shares held by his wife, Dr. Chong Bick Yew.