Biolidics Limited announced the APPOINTMENT OF EXECUTIVE DIRECTOR AND PRESIDENT AND CHANGES TO THE COMPOSITION OF THE BOARD. Mr. Chen Lu has been appointed as an Executive Director and President of the Company with effect from 30 April 2024. Consequent to the above referred appointment, the composition of the Board of the Company is as follows: Mr. Zhu Hua,Executive Director and Chairman; Mr. Song Tang Yih, Executive Director and Chief Executive Officer; Mr. Chen Lu, Executive Director and President; Mr. Gavin Mark McIntyre, Lead Independent Director; Mr. Ian David Brown, Independent Director; Ms Ch'ng Li-Ling, Independent Director; and Mr. Liew Yoke Pheng Joseph, Independent Director.

The nominating committee ("NC") and the board of Directors of the Company ("Board") have reviewed, assessed and concluded that Mr. Chen Lu ("Mr Chen") possesses the requisite experience, qualifications, skill sets and competencies in managing the Company's business, including the New Business. The Board has accepted the NC's recommendation and approved the appointment of Mr. Chen as an Executive Director and President of the Company. Working experience includes: 1. Khorgos Weixin Technology Limited - General Manager (October 2023 to current) 2. WaferSemi Pte.

Ltd. - Chief Technology Officer (November 2022 to current) 3. Khorgos Weiniao Technology Limited - General Manager (December 2018 to September 2023) 4. Microbeam Software Technology (Shanghai) Limited - Director and General Manager (September 2014 to November 2018) 5. Shanghai Banding Digital Technology Limited - Director and General Manager (June 2005 to August 2014). Professional Qualifications includes: 1. Master of Engineering - University of Electronic Science and Technology of China 2. Bachelor of Engineering - University of Electronic Science and Technology of China.