GDS Global Limited Announced Mr. Wong Lok Yung ("Mr Wong") was appointed as an Executive Director on 19 July 2012. Mr. Wong will cease his position as Executive Director on 15 November 2023 and he shall be re-designated as Non-Executive Non-Independent Chairman with effect from 16 November 2023 to continue to provide guidance to the Group in its strategic and operation objectives. He will also cease as Chief Executive Officer with effect from 15 November 2023.

Mr. Wong will continue to provide guidance to the Group but will cease to be involved in the Group's day-to-day management and operations and will no longer be part of the Group's management. Having considered the above, the Board has approved Mr. Wong's re-designation as Non-Executive Non-Independent Chairman of the Company. The Nominating Committee and the Board are of the opinion that with the abovesaid changes, the Board size and its composition remain appropriate, considering the current scope and nature of the operations of the Group.

Working Experience: GDS Global Limited 17 July 2012 to 15 November 2023 Executive Chairman and Chief Executive Officer Gliderol Doors (S) Pte. Ltd. 1 September 1982 to present Director.