Geo Energy Resources Limited announced that Mr. Lu King Seng has decided to retire as Non-Executive and Lead Independent Director. Following his retirement, Mr. Lu will cease to be the Chairman of the Nominating Committee and Remuneration Committee and a member of the Audit and Risk Committee. This is in line with the Company's Board transition plan, following the new listing rules announced on 11 January 2023 by the Singapore Exchange Regulation on limiting the tenure of independent directors to nine years.

Other Director Ships Past: Swag EV Pte. Ltd. Taka Jewellery Holdings Limited JLogo Holdings Limited Orion Advisory Pte. Ltd. Orion Polymer Pte.

Ltd. Supreme Wagon Automotive Pte Ltd. Lincotrade & Assocates Holdings Limited. Other Director Ships Present: Orion Business Consultancy Pte. Ltd. Orion Business Advisory Pte.

Ltd. Optimus Peak Pte. Ltd. Rainwood International Pte. Ltd.