APPOINTMENT OF DEPUTY CHIEF EXECUTIVE OFFICER

The Board of Directors (the "Board") of Maxi-Cash Financial Services Corporation Ltd (the "Company" and together with its subsidiaries, the "Group") wishes to announce that on the recommendation of the Nominating Committee of the Company, the Board has approved the appointment of Mr Ng Kean Seen as the Deputy Chief Executive Officer of the Company with effect from 1 July 2021.

Details of Mr Ng Kean Seen's appointment as the Deputy Chief Executive Officer of the Company as required under Rule 704(6)(a) of the Catalist Rules, is released in a separate announcement today.

BY ORDER OF THE BOARD

Lim Swee Ann

Company Secretary

22 June 2021

This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited ("Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Mr Ong Hwee Li (Tel: 6232 3210) at 1 Robinson Road #21-00 AIA Tower, Singapore 048542.

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Maxi-Cash Financial Services Corporation Ltd. published this content on 22 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2021 10:16:04 UTC.