The board of directors of ASTI Holdings Limited announced the appointment of Mr. Raymond Lam Kuo Wei as an Independent Non-Executive Director of the Company with effect from 16 January 2024. Professional Qualifications: Bachelor of Law (Hons), National University of Singapore; Advocate & Solicitor of the Supreme Court of Singapore; Solicitor, England & Wales; Fellow, Chartered Secretaries Institute of Singapore; Notary Public & Commissioner for Oaths; Associate member, Singapore Institute of Directors. Other DirectorShips PasWrist Far East (Singapore) Pte.

Ltd. Foursquare Labs Asia Pte. Ltd. Lumiere Wealth Singapore Pte. Ltd. (struck off) Providence Bonds Asia Pte.

Ltd. (struck off) Century Stars Management Pte. Ltd. Maritime Management Services Pte. Ltd. Libra International Trading Pte.

Ltd. JBSG Pte. Ltd. GCSG Pte. Ltd. SingQuest Pte.

Ltd. (dissolved MVL) Antelope Champ Pte. Ltd. IBS Global Pte. Ltd. (struck off) LMAX Pte.

Ltd. Janakuasa Pte. Ltd. Digital Sports Arena International Pte. Ltd. (struck off) WEGT Pte.

Ltd. Paris Saint-German Football Asia Pacific Private Limited Navistar Asia Pacific Pte. Ltd. (struck off) Dragon Eastern Investment Pte. Ltd. LION_OBCX Capital Asia II Holding Pte.

Ltd. KLDiscovery Ontrack Singapore Pte. Ltd. Dyas SE Asia Pte. Ltd. (struck off) Atrium Insurance Agency (Asia) Pte.

Ltd. (struck off) Avery Dennison Group Singapore Pte. Ltd. Constellation Brands Singapore Pte. Ltd. (struck off) Tankers Holdings Private Limited (struck off) lnui Shipping (Singapore) Pte.

Ltd. (dissolved MVL) Princeton Digital Group (Singapore) SG1 Pte. Ltd. M+W Energy Projects Pte. Ltd. (struck off) Asia/Pacific Hill International Holdings Pte.

Ltd. Encompass Digital Media (Asia) Pte. Ltd. Pinecrest Resources Pte. Ltd. (struck off) Cinarra Systems Pte.

Ltd. (dissolved MVL) Java Energy Elpiji Pte. Ltd. NVIDIA Singapore Development Pte. Ltd. Staroyal Ventures Pte.

Ltd. (struck off) 24/7 Customer Pte. Ltd. (struck off) First Solar FE Holdings Pte. Ltd. First Solar Vietnam Holdings Pte.

Ltd. Megaport (Singapore) Pte. Ltd. Spring Star Pte. Ltd. Udacity Asia Pacific Holdings Pte.

Ltd. APC Wind Power Pte. Ltd. Hawley & Hazel Chemical Company Singapore (Private) Limited NT-Ware Asia Pte. Ltd. Radio Frequency Systems (S) Pte.

Ltd. Blazenn Private Limited LogicMonitor Asia Pacific Pte. Ltd. APAC Bizinfo Pte. Ltd. Sunstar Singapore Kyosai-Kai Limited Silanna Semiconductor Singapore Pte.

Ltd. Silanna Asia Pte. Ltd. Silanna UV Technologies Pte. Ltd. 8 Cross Street PADREF Investments Ltd. Datastax Singapore Pte.

Ltd. KOP Surface Products Singapore Pte. Ltd. Schweitzer Engineering Laboratories Southeast Asia Pte. Ltd. K&R Global Investments Private Limited Equities First Holdings Singapore Pte.

Ltd. Drewcorp Services Pte Ltd. New Relic Singapore Pte. Ltd. Elasticsearch Pte. Ltd. STR Global Singapore Private Limited Eze Castle Integration Singapore, Pte.

Ltd. Polus Tech Pte. Ltd. Asia China Trading and Investment Pte. Ltd. Lifeworks (Singapore) Pte.

Ltd. (formerly known as Morneau Shepell Pte Ltd) CT-Corp Investments Singapore Pte. Ltd. Project Junior Pte. Ltd. Pan Electrics Pte.

Ltd. Pan Poly Engineering Pte. Ltd. Golden Lake Investment Private Limited Atlas Programmed Marine (Singapore) Pte. Ltd. (struck off) Eagle Constellation Fund (Class C) Pte Ltd. (struck off) Ridge88 Technologies Pte.

Ltd. (struck off) Roger Vivier Singapore Pte. Ltd. Tod's Singapore Pte. Limited Global Ocean Trading Limited (HK) Sengenics International Pte.

Ltd. (struck off) Pacific Transportation Services Pte. Ltd. (gazetted to be struck off) Maxmila Pte. Ltd. (struck off) Finnegan (Singapore) Pte.

Ltd. (Dissolved - MVL) Metsovaara Pte. Ltd. (struck off). Other DirectorShips Present: XMH Holdings Ltd. Nippecraft Limited Next Generation Holdings Pte.

Limited NG Properties Pte. Limited North London Collegiate School (Singapore) Pte. Ltd. Burnaby Ventures Pte.

Ltd. Cambridge Circle Pte. Ltd. First Tristar Corp. Pte.

Ltd. Manitoba Corporation Pte. Ltd. Metropolitan Structures Pte. Ltd. Millbrook Pte.

Ltd. Platinum Resources Pte. Ltd. Sapientia Prime Pte. Ltd. Starbright Corporation Pte.

Ltd. Schwarzschild Ventures Pte. Ltd. Grid Singularity Pte. Ltd. Barry's Bootcamp Singapore Pte.

Ltd. Marnoc Pte. Ltd. OnPoint Holdings Pte. Limited Apexindo International Pte.

Ltd. Quartis Limited (BVI) Danesun Pte. Ltd. FLG Holdco Singapore Pte. Ltd. FLG Holdco 2 Pte.

Ltd. CFYC Holdings Pte. Ltd. Mikimoto Jewellery (Singapore) Pte. Ltd. Abaco Pacific Co Ltd. (BVI) Zap Fitness Holdings Pte.

Ltd. URS Equipment Services Pte. Ltd. Sengenics Corporation Pte. Ltd. Premier Logistic Pte.

Ltd. (fka Cainiao Primera Pte. Ltd.) Golden Logistic Pte. Ltd. (fka Cainiao Golden Pte.

Ltd.) RL Law LLC Moonsoonlabs Pte. Ltd. Director Experience Details are Independent Director of XMH Holdings Ltd. since October 2020 Independent Director of Nippecraft Limited since July 2021 Working Experience: Chief Operating Officer of Drew Network Asia (DNA), Head of Business Development, Drew & Napier LLC, Director, Drew & Napier LLC (Corporate Restructuring & Workouts Practice Group). On 15 January 2024, Mr. Charlie Jangvijitkul, Dato Sri Mohd Sopiyan B Mohd Rashdi, Mr. Theerachai Leenabanchong and Mr. Anthony Loh had resigned as Directors of the Company.

On the same day, Mr. Ng Yew Nam and Mr. Soh Pock Kheng were appointed as Directors of the Company ("Current Board"). The appointment of Mr. Raymond Lam Kuo Wei as Independent Director has been reviewed and approved by the Current Board after taking into consideration Mr. Lam's qualifications, expertise and work experience. The Board is satisfied that Mr. Lam has the requisite experience and capabilities to assume the role and responsibilities of Independent Director of the Company.