The Board of Directors of Jubilee Industries Holdings Ltd. announced that following to the retirement of Mr. Kang Pang Kiang as the Non-Executive and Non-Independent Director, a member of the Audit Committee and Remuneration Committee at the Company's Annual General Meeting held on 28 October 2022, Mr. Levin Lee Keng Weng has been appointed as the member of the Audit Committee and Remuneration Committee with effect from 19 January 2023. Accordingly, the composition of the Board Committees of the company shall be reconstituted as- Audit Committee: Mr. Cheong Keng Chuan, Alfred (Chairman); Mr. Ng Siew Hoong (Member); and Mr. Levin Lee Keng Weng (Member). Remuneration Committee: Mr. Cheong Keng Chuan, Alfred (Chairman); Mr. Ng Siew Hoong (Member); and Mr. Levin Lee Keng Weng (Member). The composition of the Nominating Committee of the Company remains
unchanged.