17LIVE Group Limited announced that upon the recommendations of the Nominating Committee and the Audit Committee, the Board of Directors has approved the appointment of Mr. Kenta Masuda as the Chief Financial Officer of the company. Role And Responsibilities: Executive, Finance. Working Experience: Mr. Masuda has served as 17LIVE Inc.'s (Target Company) Chief Financial Officer since March 2023.

Mr. Masuda joined the Target Company in September 2021. Prior to joining the Target Company and its subsidiaries, he served as the senior director of financial planning and analysis and treasury, and the director of the Japan branch of a multinational retail corporation from January 2021 to September 2021 and from November 2018 to January 2021, respectively. The appointment of Chief Financial Officer is in connection with the business combination between Vertex Technology Acquisition Corporation Ltd. and 17LIVE Inc. Professional Qualifications: Certified public accountant in Japan.

- Bachelor of Economics, Doshisha University.