The board of directors of Magnus Energy Group Ltd. (the "Company") announced that the principal place of business of the Company will be relocated to 60 Paya Lebar Road, Paya Lebar Square, #10-08, Singapore 409051 with effect from 12 July 2022. The Company's registered office address remains unchanged at 30 Cecil Street, #19-08, Prudential Tower, Singapore 049712.