Kori Holdings Limited appointed Lye Thiam Fatt Joseph Victor as Non-Executive Lead Independent Director, Chairman of the AC, member of the NC and RC. Board Comments: The board of directors ("Board" or "Directors"), having considered the recommendation of the Nominating Committee ("NC") and assessment of Mr. Lye Thiam Fatt Joseph Victor's qualifications and experience, is of the view that he has the requisite experience and capability to assume the responsibilities of a Lead Independent Director of Kori Holdings Limited (the "Company"). Working Experience: June 2017 to present Director and CEO of PIVOT Fintech Pte.

Ltd. 2016 to 2017 Group Head of FWD Digital Financial Services 2014 to 2016 CEO of Shenton Insurance. Professional Qualifications: Bachelor of Economics (First Class Honours) from the University of Adelaide Chartered Financial Analyst.