Mooreast Holdings Ltd. announced the resignation of Low Wei Yee as Financial Controller. Role And Responsibilities: Ms. Yvonne Low was responsible for overseeing the finance and accounting function of the group. The Company is in the process of looking for a suitable candidate for the position of Chief Financial Officer or Financial Controller and will make the necessary announcement to update shareholders on the new appointment in due course.

Reason For Cessation: Ms. Low Wei Yee ("Yvonne Low") has tendered her resignation as a Financial Controller of the Company as she wishes to pursue other opportunities. Ms. Yvonne Low has confirmed that she is not aware of any concerns with regards to the financial reporting of the Group that led to her resignation. The Company expresses its gratitude to Ms. Yvonne Low for her valuable contributions during her tenure of service.

The Sponsor, having spoken to Ms. Yvonne Low, is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Ms. Yvonne Low.