General Announcement::CHANGE IN THE COMPOSITION OF THE BOARD

ADVENTUS HOLDINGS LIMITED

(Incorporated in the Republic of Singapore)

(Company Registration Number: 200301072R)

CHANGE IN THE COMPOSITION OF THE BOARD

The Board of Directors (the "Board") of Adventus Holdings Limited (the "Company") wishes to announce the following change in the composition of the Board and relevant Board Committees with effect from 31 December 2021.

The Board wishes to announce that Mr Teh Chong Seng ("Mr Teh") has resigned as the Non-Executive Director of the Company with effect from 31 December 2021. The details of cessation of Mr Teh as required under Catalist Rule 704(6) have been set out in separate announcement. Please refer to the Company's announcement dated 15 December 2021 with the title "Cessation of Non-Executive Director" for more information.

In view of the above, the composition of the Board and relevant Board Committees shall be reconstituted with effect from 31 December 2021 as follows: -

Board of Directors

Mr Loh Eu Tse Derek - Non-Executive Independent Chairman

Mr Chin Rui Xiang - Executive Director

Mr Gersom G Vetuz - Non-Executive Independent Director

Mr Wong Loke Tan - Non-Executive Independent Director

For the avoidance of doubt, the composition of the audit committee, nominating committee and remuneration committee of the Company remains unchanged as follows:-

Audit Committee

Mr Gersom G Vetuz (Chairman) - Non-Executive Independent Director

Mr Loh Eu Tse Derek - Non-Executive Independent Chairman

Mr Wong Loke Tan - Non-Executive Independent Director

Nominating Committee

Mr Loh Eu Tse Derek (Chairman) -Non-Executive Independent Chairman

Mr Gersom G Vetuz - Non-Executive Independent Director

Mr Wong Loke Tan - Non-Executive Independent Director

Remuneration Committee

Mr Wong Loke Tan (Chairman) - Non-Executive Independent Director

Mr Gersom G Vetuz - Non-Executive Independent Director

Mr Loh Eu Tse Derek -Non-Executive Independent Chairman

The Board would like to thank Mr Teh for his services and contributions to the Company and wishes him all the best in his future endeavours.

BY ORDER OF THE BOARD

Loh Eu Tse Derek

Non-Executive Independent Chairman

15 December 2021

This announcement had been prepared by the Company and its contents have been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinion made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Khong Choun Mun, Registered Professional, RHT Capital Pte. Ltd., 6 Raffles Quay, #24-02, Singapore 048580, [e-mail]