Toga Limited announced effective July 7, 2022 (Malaysia Time), the board appointed Michael Toh Kok Soon as chief executive officer of the company. Michael Toh Kok Soon, 35: Michael Toh Kok Soon is a current director who previously served as its Chief Executive Officer (“CEO”), President and Chairman of its Board of Directors from 2016 until September 2021. The Board removed Mr. Toh from his positions as CEO, President and Chairman of the Board of Directors in September 2021 in response to, among other things, Mr. Toh declining to participate in Board meetings and attempting to postpone the Company's governance matters until a new Board is installed, in addition to the matters discussed above under the heading “What is the basis for the Board's voting recommendation.” The Board also appointed a Special Committee of the Board, consisting of the independent directors and Mr. Henderson, to handle day-to-day operations in light of the litigation pending against the Company brought by Mr. Toh.

Since January 2018, Mr. Toh has also served as the Chief Executive Officer of its wholly owned subsidiary, TOGL Technology. From February 2015 until February 2018, Mr. Toh served as the Chief Executive Officer and a director of Toga Capital; Mr. Toh ceased being affiliated with Toga Capital when he resigned his positions and sold all of his ownership in the Toga Capital in February 2018 (effective September 18, 2018). Mr. Toh obtained a Bachelor of Engineering Electronics degree in Telecommunications, with distinction, from the Multimedia University in Melaka, Malaysia in 2007.

Mr. Toh also received his MBA from Melbourne University and Doctorate from London School of Economics in 2018.