The board of directors of Maxnerva Technology Services Limited announced that Mr. PARK Ho Jin has tendered his resignation as non-executive Director with effect from 29 March 2023 due to his other business commitment. Mr. Park has confirmed that he has no disagreement with the Board and there is nothing needed to be brought to the attention to the shareholders of the Company in relation to his resignation. On the same date, the Board has appointed Mr. KIM Hyun Seok as non-executive Director with effect from 29 March 2023.

Mr. Kim, aged 40, has been with SK Holdings (C&C) since 2017 and is currently the head of Strategic Investment Team. He holds a Bachelor of Science at Ohio State University, the United States of America, and a Master of Business Administration at Korea Development Institute School of Public Policy and Management, Se-Jong City, Republic of Korea.