Azeus Systems Holdings Ltd. announced retirement of Mr. Koji Miura as an Independent Director of the Company. Pursuant to Bye-Law 104 of the Company s Bye-Laws, Mr. Koji Miura is one of the directors to retire by rotation at the Annual General Meeting of the Company held on 31 July 2023. Mr. Miura has been with the Company since September 2004.

In line with the new SGX regulation on the 9-year limit for Independent Director to serve on the Board and to facilitate Board renewal in the Company, Mr. Miura has thus decided to retire from the Company. Mr. Koji has retired as Director at the conclusion of the AGM and concurrently ceased to be the Chairman of the Audit Committee and member of the Remuneration Committee.