Hosen Group Ltd. announced the appointment of YAU THIAM HWA as New Independent Non-Executive Director. Job Title Independent Non-Executive Director, Member of AC, NC and RC. Working Experience 2000 - 2001, General Manager, Megachem (Shanghai) P L and Megachem International Trading (Shanghai) Co.

Ltd. 2001 - 2006, Group Financial Controller, Megachem Ltd. 2007 - Present, CFO, Megachem Ltd. Other DirectorShips Present Independent Director, Abundance International Ltd. Director, Megachem Thailand Public Co Ltd. Director, C.N. Chemicals Sdn Bhd Director, Megachem Manufacturing Pte Ltd. Director, Megachem Phils Inc. Director, Megachem Raya Pte Ltd. Director, Megachem (Shanghai) Pte Ltd. Director, Megachem (UK) Ltd. Director, Megachem Middle East FZE Director, Megachem Specialty Chemicals (I) Pvt Ltd. Director, Megachem Vietnam Co Ltd. Director, Megachem Australia Pty Ltd. Director, Megachem International Trading (Shanghai) Co Ltd. Director, PT Mega Kemiraya Director, Megachem Plus Ltd. Director Experience Details: 2015 - Present: Independent Director, Abundance International Ltd. June 2016 - April 2023: Independent Director, Advancer Global Ltd. November 2010 - December 2011: Independent Director, Sun East Group Limited. Professional Qualifications: Bachelor of Business Admin from National University of Singapore ("NUS") Passed Association of Certified Chartered Accountants examination Member of Institute of Singapore Chartered Accountants. date of appointment is August 10, 2023.

CHANGE OF BOARD COMPOSITION: Board of Directors Wee Piew - Non-Executive Independent Chairman, Lim Hai Cheok - Executive Director and Chief Executive Officer, Lim Kim Eng - Executive Director, Lim Hock Chye Daniel - Executive Director, Lim Heng Seng - Non-Executive Independent Director, Leong Ka Yew - Non-Executive Independent Director, Yau Thiam Hwa - Non-Executive Independent Director, Audit Committee ("AC") Wee Piew - Chairman of AC, Non-Executive Independent Director, Lim Heng Seng - Member, Non-Executive Independent Director, Leong Ka Yew - Member, Non-Executive Independent Director, Yau Thiam Hwa - Member, Non-Executive Independent Director, Nominating Committee ("NC") Lim Heng Seng - Chairman of NC, Non-Executive Independent Director, Wee Piew - Member, Non-Executive Independent Director, Lim Hai Cheok - Member, Executive Director and Chief Executive Officer, Yau Thiam Hwa - Member, Non-Executive Independent Director, Remuneration Committee ("RC") Wee Piew - Chairman of RC, Non-Executive Independent Director, Lim Heng Seng - Member, Non-Executive Independent Director, Leong Ka Yew - Member, Non-Executive Independent Director, Yau Thiam Hwa - Member, Non-Executive Independent Director.