On February 21, 2022, Kenneth Ng informed the Board of Directors of Malacca Straits Acquisition Company Limited (the Company), of his intention to resign as the President and a director of the Company effective immediately. Following his resignation, Mr. Ng will serve as a Senior Advisor to the Company. To fill the vacancy created by Mr. Ng's resignation, on February 21, 2022, the Board appointed Gordon Lo to serve as the President and a member of the Board, effective immediately.

Mr. Gordon Lo has been the Chief Financial Officer and Chief Operating Officer of Donaco International Limited, since January 2020. Prior to that, he was the Chief Financial Officer and Secretary of China Ruifeng Renewable Energy Holdings Limited from December 2018 to December 2019.