The board of directors of Procurri Corporation Limited announce the following changes in the composition of the Board and Board Committees of the Company with effect from 15 June 2022: The cessation of Mr. Thomas Sean Murphy ("Mr. Murphy") as the Executive Chairman of the Company. Mr. Murphy will continue to be Group Chief Executive Officer and Executive Director of the Company. The cessation of Mr. Loke Wai San ("Mr. Loke") as a Non-Independent Non- Executive Director of the Company, and the consequent cessation of Mr. Toh Hsiang-Wen Keith as his alternate concurrently.

The cessation of Mr. Loke as a member of the Audit Committee (the "AC"), the Nominating Committee (the "NC"), the Remuneration Committee (the "RC") and the Strategy Committee (the "SC") upon his cessation as a Director of the Company. The appointment of each of Mr. Wong Kok Khun ("Mr. Wong") and Mr. Lwi Tong Boon as a Non-Independent Non-Executive Director of the Company. The appointment of Mr. Wong as the Non-Executive Chairman of the Company in Mr. Murphy's stead.

The appointment of Mr. Wong as a member of the AC, NC, RC and SC. Following the abovementioned changes, the composition of the Board and the Board Committees of the Company shall henceforth comprise the following members: Audit Committee: Mr. Ng Loh Ken Peter (Chairman), Mr. Wong Quee Quee, Jeffrey, Mr. Wong Kok Khun, Dr. Lim Puay Koon, Mr. Lim Swee Yong as members; Nominating Committee: Mr. Wong Quee Quee, Jeffrey (Chairman), Mr. Ng Loh Ken Peter, Mr. Wong Kok Khun, Dr. Lim Puay Koon, Mr. Lim Swee Yong as members. Remuneration Committee: Dr. Lim Puay Koon (Chairman), Mr. Wong Quee Quee, Jeffrey (Member), Mr. Wong Kok Khun (Member).

Strategy Committee: Mr. Thomas Sean Murphy (Chairman), Dr. Lim Puay Koon (Member), Mr. Wong Kok Khun (Member).