Asia Enterprises Holding Limited announced the appointment of Mr. Neo Gim Kiong ("Mr Neo") as the Chairman of the Audit Committee ("AC") and a member of the Nominating Committee ("NC") and Remuneration Committee ("RC") with effect from 26 April 2024. Professional Qualifications: Bachelor of Science (Honours) in Mathematics, National University of Singapore Executive Programme - China Economics for Overseas Entrepreneurs, Beijing University. Board Comments: The AC and NC have reviewed the qualifications and working experience of Mr. Neo and is of the view that Mr. Neo is able to be appointed as the Chairman of the AC and a member of the NC and RC.

The Board having considered the AC and NC's recommendation, approved the appointment of Mr. Neo as the Chairman of the AC and a member of the NC and RC of the Company based on his qualifications and work experience. Role And Responsibilities: Non-Executive. Job Title: Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee.

Working Experience: 2004 - Present Bizmen Corporation Pte Ltd, Founding Director 2004 - Present Dollar Tree Inc. Pte Ltd, Founding Director April 2015 - August 2022 Sen Yue Holdings Ltd, Chief Executive Officer. Director Experience Details: Director and Chairman of Acesian Partners Limited and Ban Leong Technologies Ltd.