The Board of Directors of Southern Alliance Mining Ltd. announced the upcoming changes to the Board and management team of the Group following an internal restructuring as: Dato' Sri Pek Kok Sam (Mr. Pek) will be re-designated from Chief Executive Officer to Managing Director of the Company with effect from 1 November 2022. There is no change to Mr. Pek's roles and responsibilities. Mr. Lim Wei Hung (Mr. Lim) will be appointed as the Executive Director and Chief Operating Officer of the Company with effect from 1 November 2022.

Mr. Lim will cease to be the Chief Financial Officer of the Company with effect from 31 October 2022. Ms. Chong Yee Ching (Ms. Chong) will be appointed as the Financial Controller of the Company with effect from 1 November 2022. She is currently the accounts and finance manager of the Company.

Consequent to the changes, the new composition of the Board with effect from 1 November 2022 is as. There is no change to the Board Committees. Board of Directors: Dato' Sri Pek Kok Sam - Managing Director; Dato' Teh Teck Tee - Non-Executive Non-Independent Chairman; Lim Wei Hung - Executive Director and Chief Operating Officer; Dato' Sri Mohd Jamidan Abdullah - Lead Independent Director; Dato' Gainneos Jacob Goldie - Non-Executive Independent Director; Chin Chee Choon - Non-Executive Independent Director; Sim Chin Hoe - Non-Executive Independent Director.

Audit Committee: Chin Chee Choon - Chairman; Dato' Sri Mohd Jamidan Abdullah - Member; Dato' Gainneos Jacob Goldie - Member; Sim Chin Hoe - Member. Nominating Committee: Dato' Gainneos Jacob Goldie - Chairman; Dato' Sri Pek Kok Sam - Member; Dato' Sri Mohd Jamidan Abdullah - Member; Sim Chin Hoe - Member; Chin Chee Choon - Member. Remuneration Committee: Dato' Gainneos Jacob Goldie - Chairman; Dato' Teh Teck Tee - Member; Dato' Sri Mohd Jamidan Abdullah - Member; Sim Chin Hoe - Member; Chin Chee Choon - Member.