The board of directors (the "Board") of Kinetix Systems Holdings Limited (the "Company") announced that, Ms. Chen Jie ("Ms. Chen") has tendered her resignation as a non-executive director of the Company with effect from 4 Apr. 2023 due to her decision to spend more time with her family and further pursue her personal interest. Ms. Chen has confirmed that (i) she has no claim against the Company in respect of her resignation and there is no disagreement between her and the Board; and (ii) there are no matters that need to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the Company in relation to her resignation.

The Board would like to express its gratitude to Ms. Chen for her valuable contributions to the Company during her tenure of service.