CNMC Goldmine Holdings Limited announced the cessation of Tan Poh Chye Allan as Independent Director, Chairman of the Remuneration Committee and member of the Audit Committee and Nominating Committees. Reason For Cessation Mr. Tan Poh Chye Allan ("Mr Tan") has served on the Board of Directors for more than nine years since his appointment as Director of the Company. As part of the Board renewal process, Mr. Tan has tendered his resignation as Director of the Company and will be stepping down as Director at the conclusion of the Company's annual general meeting scheduled to be held on 30 April 2024 (the "AGM").

Mr. Tan, upon his resignation, will relinquish his roles as Independent Director, Chairman of the Remuneration Committee and member of the Audit and Nominating Committees. After having interviewed Mr. Tan and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Tan as Independent Director of the Company.

The Board and Management would like to thank Mr. Tan for his invaluable contribution during his tenure with the Company.