The Board of Directors of Southern Packaging Group Limited announced the following changes to the composition of the Board and Board Committees of the Company: Resignation of Mr. Chia Chor Leong (?Mr. Chia?) as Independent Non-Executive Director on 23 February 2024. Accordingly, Mr. Chia will relinquish his positions as the Chairman of Nominating Committee and member of the Audit and Remuneration Committees. Appointment of Mr. Wu Geng (?Mr. Wu?) as Chairman of Nominating Committee and member of the Audit Committee and Remuneration Committee with effect from 23 February 2024.

The Board considers Mr. Wu to be independent for the purpose of Rule 704(8) of the Listing Manual of the SGX-ST. Consequent to the aforementioned changes, the composition of the Company's Board and Board Committees with effect from 23 February 2024 will be as follows: Board of Directors: Mr. Pan Shun Ming - Executive Chairman and Chief Executive Officer; Mr. Chen Xiang Zhi - Executive Director and Vice Chairman; Mr. Yeung Koon Sang @ David Yeung - Lead Independent Director; Mr. Chan Kam Loon - Independent Director; Mr. Wu Geng - Independent Director. Audit Committee: Mr. Yeung Koon Sang @ David Yeung ?

Chairman; Mr. Chan Kam Loon ? Member; Mr. Wu Geng ? Member.

Nominating Committee: Mr. Wu Geng ? Chairman; Mr. Yeung Koon Sang @ David Yeung ? Member; Mr. Chan Kam Loon ?

Member. Remuneration Committee: Mr. Yeung Koon Sang @ David Yeung ? Chairman; Mr. Chan Kam Loon ?

Member; Mr. Wu Geng ? Member.