Kobay Technology Bhd. announced cessation of Mr. Khaw Eng Peng, aged 56 as Independent and Non Executive Member of Remuneration Committee with effect on December 01, 2023. Composition of Audit Committee (Name and Directorate of members after change): Chairman Dato' Seri Koay Hean Eng (Executive Director), Member Puan Sharifah Faridah Binti Dato' Syed Mahadzar Jamalullil (Independent Non-Executive Director).

Mr. Khaw Eng Peng ceased to be the Chairman of the Remuneration Committee upon his retirement as Independent Non-Executive Director at the 29th Annual General Meeting of Kobay Technology Berhad on 1 December 2023.