Kori Holdings Limited announced that as part of the board renewal process, Mr. Nicholas Philip Lazarus has indicated to the Board that he will not be seeking for re-election at the forthcoming annual general meeting to be held on 29 April 2024 ("AGM"). He will accordingly retire as an Independent Director of the Company after the conclusion of the AGM. Concurrently, he will relinquish his position as Chairman of the Remuneration Committee and member of the Audit and Nominating Committees after the conclusion of the AGM.

Mr. Nicholas Philip Lazarus ("Mr. Nicholas") has served on the Board of Directors (the "Board") for more than ten years since his appointment as Director of the Company on 16 November 2012. Role And Responsibilities: Non-Executive, Chairman of RC and member of AC and NC. Job Title: Independent Director Chairman of RC and member of AC and NC.

Other Director Ships Past: Active Apparel (Singapore) Pte. Ltd. Sensient Technologies Asia Pacific Pte Ltd. Thin Film Electronics Singapore Pte. Ltd. Other Director Ships Present: Equiteq Asia-Pacific Pte.

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