The board of Directors of the ASTI Holdings Limited announced that Mr. Anthony Loh Sin Hock has resigned with immediate effect his position as Chief Financial Officer of the Company. Role And Responsibilities: Mr. Anthony Loh was responsible for overseeing the financial and management accounting, compliance and taxation matters of the group. Other DirectorShips Past: ASTI (USA) Inc. Dragon Microfits Sdn Bhd Microview Technologies Sdn Bhd Emerald Precision Engineering Sdn Bhd Yumei Technologies Sdn Bhd Yumei Reit Sdn Bhd Telford Services (Melaka) Sdn Bhd Telford Services Sdn Bhd Reel Service Limited Dragon Rises Limited Telford Holding (HK) Limited ASTI (HK) Ltd. Telford Industries Pte Ltd. ASTI Holdings Limited Asia Phoenix Angels Pte Ltd. Dragon D'illum Technologies Pte Ltd. SCM Solutions Pte Ltd. Sooner Technology Pte Ltd. Spire Technologies Pte Ltd. Reason For Cessation: Mr. Loh had purported to terminate his employment with the Company with immediate effect on 09 April 2024, 6 days ahead of his impending cessation date of 15 April 2024 (which follows from his tendering of resignation on 16 January 2024).

Apart from this, as there remains outstanding matters between the Company and Mr. Loh, the Company is presently seeking professional advice. The Company intends to make further announcement(s) in due course setting out the circumstances of the cessation and the outstanding matters between the Company and Mr. Loh.