The board of directors of World Precision Machinery Limited announced the following changes to the composition of the board and board committees with effect from 2 February 2024 in conjunction with the progressive renewal and succession planning of the board, which includes gender diversity: (a) the appointment of Mr. Ngo Yit Sung (Mr. Ngo) as an independent director of the company, a member of the Audit Committee (AC) and Chairman of the Nominating Committee (NC) and the Remuneration Committee (RC); (b) the appointment of Ms. Yap Ming Choo (Ms. Yap) as the Lead Independent Director of the company, Chairman of the AC and members of the NC and the RC; and (c) Mr. Lim Yoke Hean, an incumbent independent director of the company, has stepped down as the Chairman of the AC, the NC and the RC, and remained as members of these committees. Consequent to the mentioned changes, the composition of the board and board committees of the company has been reconstituted as follows: Audit Committee: Yap Ming Choo, Chairman; Shao Jianjun, Member; Lim Yoke Hean, Member; Ngo Yit Sung, Member. Nominating Committee: Ngo Yit Sung, Chairman; Shao Jianjun, Member; Lim Yoke Hean, Member; Yap Ming Choo, Member.

Remuneration Committee: Ngo Yit Sung, Chairman; Shao Jianjun, Member; Lim Yoke Hean, Member; Yap Ming Choo, Member. Working Experience (Ngo Yit Sung): July 2023 to present: Executive Director of Eneco Energy Limited April 2021 to February 2023: Executive Director of TOTM Technologies Limited December 2020 to April 2021: Business Development Manager of TOTM Technologies Limited October 2012 to February 2021: Director of Sino-Lion Communications Pte. Ltd; Other Director Ships Past: Directorships - TOTM Technologies Limited, International Biometrics Pte.

Ltd. and Netlink VJ Pte Ltd. Principal Commitments - please refer to the information in Working experience and occupation(s) during the past 10 years; Other Director Ships Present: Directorships - Eneco Energy Limited and RichLand Logistics Services Pte Ltd. Principal Commitments - please refer to the information in Working experience and occupation(s) during the past 10 years; Director Experience Details: July 2023 to present: Executive Director of Eneco Energy Limited April 2021 to February 2023: Executive Director of TOTM Technologies Limited; Professional Qualifications: 1. Doctor of Philosophy in Electrical and Computer Engineering from National University of Singapore 2. Bachelor of Engineering (First Class Honours) in Electrical (Mechatronics) from Universiti Teknologi Malaysia. Working Experience (Yap Ming Choo): December 2010 to May 2022: Chief Financial Officer of TA Corporation Ltd.; Other Director Ships Past: Principal Commitments - please refer to the information in Working experience and occupation(s) during the past 10 years; Other Director Ships Present: Directorship - Datapulse Technology Limited; Director Experience Details: April 2023 to present: Independent Director, Chairman of Nominating Committee and members of Audit Committee and Remuneration Committee of Datapulse Technology Limited.; Professional Qualifications: 1. Master Degree in Business Administration from University of Leicester, United Kingdom 2. Fellow member of the Association of Chartered Certified Accountants (ACCA).