LifeBrandz Ltd. announced Mr. Mark Leong Kei Wei (Mr. Mark Leong) tendered his resignation on 15 December 2023 as Executive Chairman due to other personal commitment. Considering the availability of the new Executive Chairman who is the successor of his role to be appointed immediately on 1 January 2024, the Company and Mr. Mark Leong have mutually agreed for his last day of employment to be 31 December 2023. During this interim period, Mr. Mark Leong will hand over his duties and responsibilities to Ms. Lee Elaine, the newly appointed Executive Chairman and Chief Executive Officer (CEO) of the company.

In view of his resignation, Mr. Mark Leong has refrained from participating in any corporate decisions. The Board would like to express its gratitude and appreciation towards Mr. Mark Leong for his contributions to the company and the Board during his tenure.