The Board of Directors of Net Pacific Financial Holdings Limited has considered, reviewed and assessed the qualifications, expertise, working experience, suitability and independence of Ms Kwok Meei Ying, Monica ("Ms Kwok"), as well as the recommendations of the Nominating Committee, and as such approved the appointment of Ms Kwok as an Independent Non-Executive Director of the Company. The Board of Directors is satisfied that Ms Kwok has the requisite experience and capability to assume the responsibility of an Independent Non-Executive Director of the Company. Ms Kwok will also be appointed as a member of the Audit Committee, Risk Management Committee and Nominating Committee of the Company.

The Board of Directors considers Ms Kwok to be independent for the purposes of Rule 704(7) of the Singapore Exchange Securities Trading Limited Listing Manual Section B: Rules of Catalist. Role And Responsibilities Non-Executive Director Job Title Independent Non-Executive Director, and a Member of the Audit Committee, Risk Management Committee, and Nominating Committee. Working Experience: Current - Asiel Advisory Pte.

Ltd. (pka Ascendenz Consulting Pte. Ltd.), Founder /Managing Director (22 November 2022 - Present) - Zion Capital Advisory Pte. Ltd., Chief Investors Relations Officer (1 July 2022 - Present) - Full Apex (Holdings) Limited, Independent Director - Chairman of Nominating and Compensation Committee and member of Audit Committee (15 September 2021 - Present) Past - Raffles EMI Pte.

Ltd. (pka Assetera Fintech Pte. Ltd.; pka Ascendenz Consulting Pte. Ltd.), Chief Operating Officer (December 2020 - December 2022) - AVI Advisory Pte.

Ltd., Co-Founder /Managing Director (November 2019 - March 2023) - Full Apex (Holdings) Limited, Company Secretary (7 June 2021 - 14 September 2021) - KTL Global Ltd, Chief Corporate Affairs, Communications and Human Resource Officer and Company Secretary of certain subsidiaries of KTL Global Ltd. (March 2020 - December 2021) - Ascendenz Consulting Pte Ltd. (seconded to Metech International Limited), Chief Corporate Affairs, Communications and Human Resource Officer (December 2018 - December 2020) - Ascendenz Consulting Pte Ltd. (seconded to Livingstone Healthcare Holdings Limited (pka Citicode Limited; pka Advance SCT Limited)), Vice President, Corporate Affairs, Communications and Human Resource (June - December 2018) - Advance SCT Limited, Vice President, Corporate Affairs, Communications, Human Resource, Sales and Marketing (2007 - 2018). Professional Qualifications: Master of Business Administration - Southern Cross University.