Change - Announcement of Appointment::Appointment of Acting Chief Financial Officer

Issuer/ ManagerADVANCED HOLDINGS LTD.SecuritiesADVANCED HOLDINGS LTD. - SG1CD5000001 - BLZ
Stapled SecurityNo

Announcement Title Change - Announcement of AppointmentDate &Time of Broadcast 30-Nov-2021 18:31:22Status NewAnnouncement Sub TitleAppointment of Acting Chief Financial OfficerAnnouncement ReferenceSG211130OTHRWGY6Submitted By (Co./ Ind. Name)Ong Beng HongDesignationCompany SecretaryDescription (Please provide a detailed description of the event in the box below)Appointment of Acting Chief Financial Officer.

This announcement has been prepared by Advanced Holdings Ltd. (the "Company") and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness or any of the information, statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Date Of Appointment01/12/2021Name Of PersonWang Yilong JohnsonAge38Country Of Principal ResidenceSingaporeThe Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)The Board has approved the appointment of Mr Wang Yilong Johnson ("Johnson Wang") as Acting Chief Financial Officer of the Company after taking into account his experience and ability to contribute to the Company.Whether appointment is executive, and if so, the area of responsibilityThe appointment is executive and Mr Johnson Wang shall oversee the overall finance, compliance, corporate governance and accounting aspects of the Group, concurrently with Mr Cheng Ho Lam Fredy until his effective date of cessation on 31 December 2021.Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Acting Chief Financial OfficerProfessional qualificationsChartered Accountant, Singapore

Association of Chartered Certified Accountants (ACCA)

Bachelor of Science in Applied Accounting from Oxford Brookes UniversityAny relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiariesNoConflict of interests (including any competing business)NoWorking experience and occupation(s) during the past 10 yearsJune 2017 to November 2021: Group Finance Manager, Advanced Holdings Limited

July 2012 to May 2017: Senior Accountant, Raffles Education Corporation Limited

December 2010 to June 2012: Accounts Executive, Central Asia Development Group (S) Pte LtdUndertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))YesShareholding interest in the listed issuer and its subsidiaries?No# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).Past (for the last 5 years)NilPresentNil(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?No(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?No(c) Whether there is any unsatisfied judgment against him?No(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?No(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?No(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?No(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?No(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?No(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?No(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; orNo(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; orNo(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; orNo(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?No(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?NoAny prior experience as a director of an issuer listed on the Exchange?NoIf no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the ExchangeNot Applicable

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