The Board of Directors of Katrina Group Ltd. announced the retirement of Mr. Tan Juay Hiang as an Independent Director, and cessation as the Chairman of the Nominating Committee and member of the Audit and Remuneration Committees of the Company, at the conclusion of the Annual General Meeting held on 28 April 2023 (as per the announcement made on 13 April 2023), and update the following: Mr. Wong Quee Quee, Jeffrey (Mr Wong) will be appointed as an Independent Director of the Company with effect from 1 June 2023 and will concurrently assume the roles of the Chairman of the Nominating Committee and member of the Audit Committee and the Remuneration Committee of the Company. Consequent to the aforementioned changes, the composition of the Board Committees of the Company will be as follows: Audit Committee: Mr. Lam Kwong Fai (Lin Guanghui) Chairman; Ms Joan Lau Sau Chee, Member; Mr. Wong Quee Quee, Jeffrey, Member; Remuneration Committee; Ms Joan Lau Sau Chee, Chairman; Mr. Lam Kwong Fai (Lin Guanghui), Member; Mr. Wong Quee Quee, Jeffrey, Member; Nominating Committee: Mr. Wong Quee Quee, Jeffrey, Chairman; Mr. Lam Kwong Fai (Lin Guanghui), Member; Ms Joan Lau Sau Chee, Member. Wong Quee Quee, Jeffrey: Working Experience: Solitaire LLP - Partner (from Jan.

2023 to Present) Soochow CSSD Capital Markets (Asia) Pte. Ltd. (from Dec. 2017 to April 2023) - Senior Adviser (Feb 2023 to April 2023) - Chief Executive Officer (April 2018 to Jan.

2023) - Head of Investment Banking (Dec 2017 to April 2018) Religare Capital Markets Corporate Finance Pte. Limited (from July 2010 to Nov. 2017) - Head of Investment Banking (Nov 2014 to Nov.

2017) - Managing Director, Investment Banking (Nov 2012 to Nov. 2014) - Chief Operating Officer (Dec 2011 to Nov. 2012) - Chief Operating Officer, Investment Banking (Jul 2010 to Dec.

2011). Other DirectorShips Past: Past Directorships: Honestbee Pte. Ltd. Solum Capital Limited The Cub SG Pte.

Ltd. Sunstone Capital Markets Private Limited Rich Capital Holdings Limited Soochow CSSD Capital Markets (Asia) Pte. Ltd. Present Directorships: GKE Corporation Limited GSS Energy Limited Procurri Corporation Limited Truth Assets Management (S) Pte. Ltd. Truth Wealth Management VCC Other principal commitments: Hwa Chong Alumni Association Singapore Judo Federation MCST 3682 DHC Capital Pte.

Ltd. Director Experience Details: Mr. Wong is currently an Independent Director of Procurri Corporation Limited, GKE Corporation Limited and GSS Energy Limited. Mr. Wong was previously an Independent Director of Libra Group Limited and Rich Capital Holdings Limited. Professional Qualifications; CMFAS Module 4A (Rules and Regulations for Advising on Corporate Finance) from The Institute of Banking & Finance in Singapore CMFAS Module 1B (Rules and Regulations for Dealing in Securities (Non-SGX-ST Members)) from The Institute of Banking & Finance in Singapore CMFAS Module 6 (Securities Products & Analysis) from The Institute of Banking & Finance in Singapore Solicitor of the Supreme Court of England and Wales from Supreme Court of England and Wales Advocate and Solicitor of the Supreme Court of Singapore from Supreme Court of Singapore.