SinoCloud Group Limited announce the appointment of Mr. Chan Andrew Wai Men, the Executive Chairman of the Company, as a member of the Audit Committee, the Nominating Committee, and the Remuneration Committee of the Company with effect from 7 September 2023. The Board considers Mr. Chan to be non-independent for the purpose of Rule 704(7), of the Singapore Exchange Securities Trading Limited Listing Manual Section: Rules of Catalist. Following the Appointment, the Company does not comply with the provisions of the Singapore Code of Corporate Governance 2018 with regards to the composition of the Audit Committee and the Remuneration Committee whereby all members of the Audit Committee and the Remuneration Committee should be non-executive directors.

In this regard, the Board will endeavour to make the necessary arrangements to comply with the Provisions in due course. Consequent to the abovementioned Appointment and with effect from 7 September 2023, the composition of the respective Board Committees will be as follows: Audit Committee Mr. Wan Ngar Yin David (Chairman), Mr. Ng Kwan Ming Francis (Member), Mr. Chan Andrew Wai Men (Member), Nominating Committee Mr. Ng Kwan Ming Francis (Chairman), Mr. Wan Ngar Yin David (Member), Mr. Chan Andrew Wai Men (Member), Remuneration Committee Mr. Ng Kwan Ming Francis (Chairman), Mr. Wan Ngar Yin David (Member), Mr. Chan Andrew Wai Men (Member).