GS Holdings Limited announced the appointment of Mr. Tan Boon Hwa as Independent Non-Executive Director, Chairman of the Remuneration Committee and a member of the Audit and Risk Committee and Nominating Committee. Working Experience: August 2021 to July 2023 - Managing Director of FQX Pte. Ltd.; August 2015 to February 2020 - Managing Director of First Abu Dhabi Bank; January 2010 to March 2015 - Executive Director & Team Head of Standard Chartered Bank.

Mr. Tan has attended one core module under the Listed Entity Director ("LED") Programme offered by the Singapore Institute of Directors. He will be attending the remainder of the core modules under the LED Programme within one year from the date of his appointment to familiarise himself with the roles and responsibilities of a director of a listed company in Singapore. Professional Qualifications: Associate - Australian Society of Certified Practising Accountants Bachelor of Commerce - University of New South Wales.

Appointment Date is September 28, 2023. Mr. Lim Kee Way Irwin, an Independent Director of the Company, has been appointed as the Lead Independent Director with effect from 28 September 2023. Consequent to the appointments, the composition of the Board and Board Committees shall be as follows: Board of Directors: Zhang Rongxuan - Non-Independent and Non-Executive Chairman, Pang Pok - Chief Executive Officer and Executive Director, Lim Kee Way Irwin - Lead Independent Director, Lim Chee San- Independent Director, Tan Boon Hwa - Independent Director; Audit and Risk Committee: Lim Kee Way Irwin ?

Chairman, Lim Chee San ? Member, Tan Boon Hwa ? Member; Nominating Committee: Lim Chee San ?

Chairman, Lim Kee Way Irwin ? Member, Tan Boon Hwa ? Member; Remuneration Committee: Tan Boon Hwa ?

Chairman, Lim Kee Way Irwin ? Member, Lim Chee San ? Member.