The board of directors of IWS Group Holdings Limited announced that Mr. MA Ah Muk, the chairman of the Board and an executive director of the Company has passed away on 17 March 2024. Mr. Ma also acted as a member of each of the nomination committee and the remuneration committee of the Board. Mr. Ma was appointed as the Chairman and an executive director of the Company since 2018 and has made tremendous contributions during his tenure of office.