The board of directors of GCL Technology Holdings Limited announced that an environmental, social and governance committee (the "ESG Committee") of the Company has been established with effect from 26 May 2022. Dr. Shen Wenzhong has been appointed as the chairman of the ESG Committee and Dr. Ho Chung Tai, Raymond, Mr. Yip Tai Him and Mr. Yeung Man Chung, Charles have been appointed as members of the ESG Committee, all effective from 26 May, 2022.