Micro-Mechanics (Holdings) Ltd. announce the appointment of Mr. Kyle Christopher Borch ("Kyle") as an Executive Director of the Company and Deputy Chief Executive Officer ("Deputy CEO") of the Group with effect from 1 January 2023. Kyle joined the Group in August 2018 as a manufacturing engineer at its subsidiary in the USA, Micro- Mechanics Inc. ("MMUS"). In his present position as Engineering Section Manager, he is part of a team that is working to develop MMUS as a Center of Excellence for manufacturing parts used in critical wafer- fabrication processes.

To that end, Kyle leads a team of engineers and technicians focused on tooling, cutting physics, post-machining processes and equipment maintenance. In his new capacity as Deputy CEO, one of Kyle's first tasks will be to assemble and lead an inter- disciplinary team of people from the Group's five worldwide plants focused on accelerating the adoption of continuous improvement and Center of Excellence initiatives. In addition to strengthening the operations at each plant, the new approach will give employees opportunities to develop technical and problem-solving skills, gain international exposure and develop leadership qualities.

Prior to joining Micro-Mechanics, Kyle had gained valuable technical and hands-on experience in the engineering field at leading technology companies such as Agilent Technologies Inc., Apple and NASA Jet Propulsion Laboratory. He earned a Bachelor of Science in Physics with a minor in Mathematics from the University of California Los Angeles and double Masters of Science degrees in Mechanical Engineering and Engineering Management from the University of Southern California. Kyle is the eldest son of the Group's founder and CEO, Mr. Christopher Reid Borch.

Kyle's appointments dovetail with the Group's succession planning. The Board, having reviewed his qualifications and work experience, warmly welcomes Kyle as a new board member and Deputy CEO.