MindChamps PreSchool Limited announced Cessation of Teo Ser Luck as Lead Independent Director. Responsibilities as Lead Independent Director, Chairman of the Remuneration Committee, member of the Audit Committee and member of the Nomination Committee. Job Title: Lead Independent Director, Chairman of the Remuneration Committee, member of the Audit Committee and member of the Nomination Committee.

Reason For Cessation: Due to increase in business, service and a potential joint venture deal with the Company which may put him in a position of conflict, Mr. Teo Ser Luck has decided he will step down as the Lead Independent Director, Chairman of the Remuneration Committee, member of the Audit Committee and member of the Nominating Committee of the Company. Effective Date: September 30, 2022.