Multi Ways Holdings Limited. announced that Ms. Lee Pei Pei (Nancy) provided notice of her intent to step down as the Chief Financial Officer, effective March 12, 2024. Ms. Lee resigned for personal reasons and not as a result of any disagreement with the Company or its independent registered public accountants on any matter relating to the Company?s financial or accounting operations, policies or practices.

The Company?s Board of Directors intends to conduct a search of potential candidates to replace Ms. Lee as the Company?s Chief Financial Officer.