Kim Heng Limited announced the Cessation of Ho Boon Chuan Wilson as Lead Independent Director, Chairman of the Audit and Risk Committee, Member of the Nominating Committee and Remuneration Committee due to Retirement of Mr. Ho Boon Chuan Wilson ("Mr. Ho") as Lead Independent Director of the Company following the conclusion of the Annual General Meeting held on 26 April 2023. After having interviewed Mr. Ho, and to the best of its knowledge, the Company's Sponsor, SAC Capital Private Limited, is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Ho as a director of the Company. Other DirectorShips Past: 1. Westcon Group Vietnam Co.

Ltd. 2. Westcon Solutions China Shenzhen Branch 3. Quan Academy Pte Ltd. Other DirectorShips Present: 1. Westcon Solutions Pte. Limited 2. Westcon Solutions IMH Pte. Limited 3. Westcon Solutions (HK) Limited 4. Westcon Solutions (M) Sdn.

Bhd. 5. PT Westcon Solutions 6. Westcon Group (Thailand) Co., Limited 7. Westcon Solutions Philippines Inc. 8. WHOM Pte Ltd. 9. Westconcomstor International (Indian) Private Limited 10. Far East Group Limited.