HGH Holdings Ltd. appointed Eddy Lim Seok Boo as Non-Executive Independent Director, Member of Nominating Committee, Member of Audit Committee and Member of Remuneration Committee. The Board having considered the recommendation of the Nominating Committee who has reviewed and assessed Mr. Eddy Lim Seok Boon's ("Mr. Eddy Lim") credentials, skills, and experience, is satisfied that Mr. Eddy Lim has the requisite experience, capabilities and knowledge to assume the duties and responsibilities as the Independent Director of the Company. Mr. Eddy Lim is considered independent for the purposes of Rule 704(7) of Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited.

Mr. Eddy Lim will also be appointed as member of the Audit Committee, Remuneration Committee and Nominating Committee. Working Experience: (a) Partner of W2 Advisors LLP (from August 2021) (b) Senior Board Advisor of Risk Taker Pte Ltd. (from March 2023) (c) Senior Advisor of L-Energy Pte Ltd. (from December 2021 to June 2022) (d) Advisor of DIOS Asset Management (from June 2018 to May 2020) (e) Senior Director of Haven Capital Pte Ltd. (from June 2018 to November 2018) (f) Director of CJEF Capital Partners Pte Ltd. (from July 2018 to January 2019) (g) Director and Chief Executive Officer of Zhongtai International Holding (Singapore) Pte Ltd, Zhongtai International Securities (Singapore) Pte Ltd, Zhongtai International Asset Management (Singapore) Pte Ltd. and Zhongtai International Investment Management (Singapore) Pte Ltd. (from August 2016 to May 2018) (h) Senior Vice President (Contract), Head of Singapore Office of Korea Exchange (KRC) (from September 2015 to July 2016) (i) Private Investor (from February 2013 to August 2015). Director Experience Details: Independent Non-Executive Director of Reenova Investment Holding Limited.

Mr. Eddy Lim has not completed the sustainability training as prescribed by the SGX-ST and will complete the training within one year of his appointment. Event Description: APPOINTMENT OF MR. EDDY LIM SEOK BOON AS INDEPENDENT DIRECTOR This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms. Audrey Mok (Tel (65) 6232 3210), at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542. Professional Qualifications: (a) Diploma in Marketing (London Chamber of Commerce and Industry) (b) Diploma in Principles of Management (London Chamber of Commerce and Industry) (c) Diploma in Sales Management (Managing and Marketing Sales Association Examination Board) (d) Member, Singapore Institute of Directors.