Gallant Venture Ltd. announced cessation of Dr Tan Chin Nam as Non-Executive Director. Reason For Cessation: Dr Tan has informed the Board that he wishes to retire at the conclusion of the forthcoming Annual General Meeting ("AGM") to be held on 29 April 2024. With the retirement of Mr. Lim Hock San and Mr. Foo Ko Hing at the conclusion of the forthcoming AGM on 29 April 2024, the AC will not have a minimum of 3 members.

However, the Board will put up 2 candidates for appointment as Directors at the forthcoming AGM on 29 April 2024 who if appointed as Directors, will be appointed to the AC. The AC will then satisfy the requirement of having a minimum of 3 members.