OxPay Financial Limited announced that On 9 November 2023, Mr. Yick Li Tsin ("Mr Yick") was appointed as the chief operating officer of OxPay SG Pte. Ltd., a wholly-owned subsidiary of the Company, and as an Executive Officer of the Group. The board of directors (the "Board"), having considered the recommendation of the Nominating Committee and having reviewed and considered the performance and contributions of Mr. Yick to the Group since his appointment as well his academic and professional qualifications, expertise, work experience and suitability, is of the view that Mr. Yick has the requisite experience and capability to assume the duties and responsibilities as Executive Director and Chief Executive Officer of the Company.

Accordingly, the Board has approved the appointment of Mr. Yick as Executive Director and Chief Executive Officer of the Company. Role And Responsibilities: Executive. Mr. Yick will be responsible for the overall strategic direction and development of the Group as well as for overseeing its marketing efforts and technical operations.

In addition, Mr. Yick will assume the responsibilities of the chief executive officer of OxPay SG Pte. Ltd. as the last day of service for the current chief executive officer is 30 January 2024. Mr. Yick's appointment as director and chief executive officer of OxPay SG Pte.

Ltd. is pending the approval of the Monetary Authority of Singapore. Job Title: Executive Director and Chief Executive Officer. Working Experience: 2023 - Present Chief Operating Officer, OxPay SG Pte.

Ltd. 2022 - Present Shareholder/Commissioner, PT Diners Payment Indonesia 2019 - 2022 Chief Executive Officer, Candypay Holdings Pte. Ltd. President Director, PT Candypay Indonesia 2017 - 2019 Director, Business Development, Chong Sing Holdings Fintech Group Limited 2003 - Present Director/Business Owner of entities in Singapore, Hong Kong and Indonesia primarily involved in financial technology, trade and retail and resources 2001 - 2003 Consultant, Korvac Pte. Ltd. 1999 - 2001 Consultant, Hewlett Packard.

Other DirectorShips Past: Shenzhou Anfu Singapore Technology Pte. Ltd. Solid Victory Pte. Ltd. (struck off) Xin Holdings Pte.

Ltd. (struck off). Other DirectorShips Present: Asia Lumina Capital Pte. Ltd. Concept One Communications LLP (Partner/Manager) Ffastpay Pte.

Ltd. OxPay Global Venture Pte. Ltd. OxPay Investment Pte. Ltd. OxPay Solutions Pte.

Ltd. Director Experience Details: Pursuant to Rule 406(3)(a) of the Catalist Rules, the Company will arrange for Mr. Yick to attend the relevant training on the roles and responsibilities of a director of a listed issuer in Singapore as prescribed by the Exchange under Practice Note 4D of the Catalist Rules within one year from the date of his appointment to the Board. Professional Qualifications: National University of Singapore - Bachelor of Business Administration Institute of Systems Science, National University of Singapore - Postgraduate Diploma in Systems Analysis.