The board of directors of Progen Holdings Ltd. announced the following changes to the Board and Board Committees with effect from 25 April 2024: the re-designation of Mr. Chee Wai Pong (?Mr. Chee?) from Independent and Non-Executive Chairman to Non-Independent and Non-Executive Chairman; and the appointment of Mr. Hu Weisheng as the Company's Lead Independent and Non-Executive Director. Following the above changes, the composition of the Board and Board Committees of the Company shall be as follows: Board of directors: Mr. Chee Wai Pong - Non-Independent and Non-Executive Chairman. Mr. Hu Weisheng - Lead Independent and Non-Executive Director.

Mr. Lee Ee @ Lee Eng - Executive and Managing Director. Mr. Francis Lau Choo Yew - Non-Independent and Non-Executive Director. Mr. Chua Thian Huat - Independent and Non-Executive Director.

Audit and risk committee: Mr. Hu Weisheng ? Chairman. Mr. Chee Wai Pong ?

Member. Mr. Chua Thian Huat ? Member.

Nominating Committee: Mr. Chee Wai Pong ? Chairman. Mr. Hu Weisheng ?

Member. Mr. Lee Ee @ Lee Eng ? Member.

Remuneration Committee: Mr. Hu Weisheng ? Chairman. Mr. Chee Wai Pong ?

Member. Mr. Lee Ee @ Lee Eng ? Member.

Investment Review Committee: Mr. Lee Ee @ Lee Eng ? Chairman. Mr. Hu Weisheng ?

Member. Mr. Chee Wai Pong ? Member.