Karin Technology Holdings Limited announced that Mr. Lim Yew Kong, John has resigned as a Director of the Company with effect from 29 February 2024. Accordingly, Mr. Lim Yew Kong, John ceased as Chairman of the Remuneration Committee and a member of the Audit and Risk Management Committee and Nominating Committee. Ms Juni Yan Yuk Ping has been appointed as Chairman of the Remuneration Committee of the Company with effect from 29 February 2024.

Following the aforementioned changes, the composition of the Board Committees and Board of Directors effective 29 February 2024 are as follows: - Audit and Risk Management Committee: Kuan Cheng Tuck (Chairman) ­Independent Director, Lawrence Kwan ­ Independent Director, Juni Yan Yuk Ping ­ Independent Director; Remuneration Committee: Juni Yan Yuk Ping (Chairman) ­ Independent Director, Kuan Cheng Tuck ­ Independent Director, Lawrence Kwan ­ Independent Director; Nominating Committee Lawrence Kwan (Chairman) ­ Independent Director, Kuan Cheng Tuck ­ Independent Director, Juni Yan Yuk Ping ­ Independent Director. Board of Directors: Ng Kin Wing, Raymond ­ Executive Director/Executive Chairman, Ng Mun Kit, Michael ­ Executive Director/Chief Executive Officer, Ng Yuk Wing, Philip ­ Executive Director/Chairman Emeritus, Lawrence Kwan - Non-Executive Director and Independent, Kuan Cheng Tuck - Non-Executive Director and Independent, Juni Yan Yuk Ping - Non-Executive Director and Independent. Person Name: Lim Yew Kong John.

Role And Responsibilities: Fulfilling the responsibilities of Independent Director. Job Title: Independent Director, Chairman of the Remuneration Committee and a member of the Audit and Risk Management Committee and Nominating Committee. Other DirectorShips Past: St Joseph's Institution International Ltd. St Joseph's Institution International Elementary School Ltd. Tribus Pte Ltd. Other DirectorShips Present: Global Invacom Group Limited Zico Holdings Inc. Zico Asset Management Pte.

Ltd. Zico Capital Pte. Ltd. FHFT Pte Ltd. Reason For Cessation: Mr. Lim Yew Kong John resigned as Independent Director of the Company as part of board rejuvenation, having served on the Board for more than 9 years.