Effective January 31, 2023, Cheng-Nan Wu, Lin Bao, Jung-Te Chang and Grace F. L. Peng were appointed to the board of directors of Cetus Capital Acquisition Corp. (the "Board"). Lin Bao, Jung-Te Chang and Grace F. L. Peng are independent directors.

Effective January 31, 2023, Lin Bao, Jung-Te Chang and Grace F. L. Peng were also appointed to the Board's (i) Audit Committee, with Ms. Bao serving as chair of the Audit Committee, and (ii) Compensation Committee, with Ms. Peng serving as chair of the Compensation Committee. The Board is comprised of the following three classes: the first class of directors, Class I, consists of Lin Bao, Jung-Te Chang and Grace F. L. Peng, and will expire at the Company's first annual meeting of shareholders after the IPO; the second class of directors, Class II, consists of Cheng-Nan Wu, and will expire at the Company's second annual meeting of shareholders after the IPO; and the third class of directors, Class III, consists of Chung-Yi Sun, and will expire at the Company's third annual meeting of shareholders after the IPO.