The Board of Directors of JEP Holdings Ltd. has accepted the recommendation of the Nominating Committee of the Company which has reviewed Mr. Tan Wei Shyan's credentials and experience, and approved the appointment of Mr. Tan Wei Shyan as an Non-Executive Independent Director of the Company, effective April 24, 2024. Working Experience: August 2005 - Present: Shook Lin & Bok LLP Partner August 2019 - April 2021: Ecowise Holdings Ltd. Independent Director (Chairman of the Remuneration Committee, member of the Audit and Remuneration Committees) September 2011 - February 2013: Metax Engineering Corporation Limited Independent Director (Chairman of the Nominating Committee, member of the Audit and Remuneration Committees). Other Directorships Present: Famtan Holdings Pte.

Ltd. Famtan Services Pte. Ltd. Shyan Investment Pte. Ltd. Other Directorships Past: Ecowise Holdings Ltd. Director Experience Details: Ecowise Holdings Ltd, Independent Non-Executive Director and Chairman of the Remuneration Committee Metax Engineering Corporation Limited, Independent Director and Chairman of Nominating Committee.

Mr. Tan Wei Shyan will also be appointed as Chairman of the Remuneration Committee and members of the Audit Committee and the Nominating Committee. The company also announced that Mr. Kong Chee Keong will be re-designated as the Lead Independent Director of the Company with effect from 24 April 2024. Consequent to the changes, the Board of Directors and Board Committees will be reconstituted as: Board of Directors: Luong Andy - Executive Chairman and Chief Executive Officer, Zee Hoong Huay - Executive Director, Kong Chee Keong - Lead Independent Director, Lee Sook Wai, Irene - Independent Director and Tan Wei Shyan - Independent Director.

Audit Committee: Kong Chee Keong - Chairman, Lee Sook Wai, Irene - Member and Tan Wei Shyan - Member. Nominating Committee: Lee Sook Wai, Irene - Chairperson, Kong Chee Keong - Member and Tan Wei Shyan - Member. Remuneration Committee: Tan Wei Shyan - Chairman, Kong Chee Keong - Member and Lee Sook Wai, Irene - Member.