The Board of Directors of Sevens Atelier Limited announced the following: Mr. Lawrence Chen Tse Chau is re-designated as Lead Independent Director, and Chairman of Audit Committee with effect from 15 November 2022. He remains as a member of Nominating Committee and Remuneration Committee; Mr. Lo Kim Seng be ("Mr Lo") is appointed as Independent Director, Chairman of Nominating Committee and a member of Audit Committee and Remuneration Committee with effect from 15 November 2022; Mr. Tan Yew Heng, Terrence ("Mr Tan") is appointed as Independent Director, Chairman of Remuneration Committee and a member of the Audit Committee and Nominating Committee with effect from 15 November 2022. Mr. Lam Kwong Fai ("Mr Lam") has resigned as the Lead Independent Director of the Company with effect from 15 November 2022.

Following his resignation as director of the Company, he shall relinquish his office as Lead Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee with effect from the date of his cessation as director of the Company; Mr. Wu Yu Liang ("Mr Wu") has resigned as the Independent Non-Executive Director of the Company with effect from 15 November 2022. Following his resignation as director of the Company, he shall relinquish his office as Independent Non-Executive Director, Chairman of the Nominating Committee and Remuneration Committee and a member of the Audit Committee. Following the above changes, the Board and Board Committees of the Company comprise the following members with effect from 15 November 2022: Jeffrey Hong Eng Leong as Chief Executive Officer and Executive Director, Lim Xiu Fang, Vanessa as Executive Director, Lawrence Chen Tse Chau as Lead Independent Director (with effect from 15 November 2022), Lo Kim Seng as Independent Director (with effect from 15 November 2022), Tan Yew Heng, Terrence as Independent Director (with effect from 15 November 2022).

Audit Committee (with effect from 15 November 2022): Lawrence Chen Tse Chau as Chairman, Lo Kim Seng as Member, Tan Yew Heng, Terrence as Member. Nominating Committee (with effect from 15 November 2022): Lo Kim Seng as Chairman, Lawrence Chen Tse Chau as Member, Tan Yew Heng, Terrence as Member. Remuneration Committee (with effect from 15 November 2022): Tan Yew Heng, Terrence as Chairman, Lawrence Chen Tse Chau as Member, Lo Kim Seng as Member.