Koda Ltd. announced cessation of Zhang Da ("Kenny Zhang") as Chief Financial Officer. Role and responsibilities: Mr. Kenny Zhang is responsible for the Group's financial reporting, financial management, investor relations, corporate governance and other key corporate affairs. Shareholding Interest Details: 39,400 Ordinary Shares.

Reason For Cessation: To pursue other career opportunity. Mr. Kenny Zhang confirms that there are no concerns or disagreements with the Board or management of the Company over matters involving the Company that led to his resignation.