Livingstone Health Holdings Limited announced the cessation of Mr. Leow Chin Yew as Group Financial Controller. Mr. Leow Chin Yew is the Group Financial Controller at Livingstone Health Holdings Limited. He is responsible for the Group's financial and management accounting, treasury, taxation, and other corporate compliance matters.

Reason for cessation: To pursue other career opportunities. Mr. Leow Chin Yew ("Mr. Leow") has confirmed that there are no concerns with regard to the Group's financial reporting nor disagreements on practices that will have an impact on the Group's financial reporting that has led to his resignation. Mr. Leow's roles and responsibilities will be undertaken by Ms. Lee Qiao Fan ("Ms. Lee"), the current Finance Manager of the Company, who will be redesignated as the Group's Interim Financial Controller with effect from 1 November 2022.

The Nominating Committee ("NC") has reviewed Ms. Lee's qualifications, experience and suitability, and recommended to the Board her redesignation. Ms. Lee will be supported by Ms. Diana Boon, Assistant Finance Manager of the Company, and the existing finance team. Ms. Lee has been with the Company since 13 August 2019 and is familiar with the financial aspects and internal workings of the Group.

Ms. Lee will have direct access to the Chairman and the members of the Audit Committee and the Board. At the same time, the Group continues to assess both internal and external talents for the finance team. SAC Capital Private Limited, after having interviewed Mr. Leow, is satisfied that, save as disclosed in the announcement, there are no material reasons for the resignation of Mr. Leow as the Financial Controller of the Group.