CNMC Goldmine Holdings Limited announced the cessation of Gan Siew Lian as Independent Director, Chairperson of the Nominating Committee and member of the Audit Committee and Remuneration Committees. Reason For Cessation Dr. Gan Siew Lian ("Dr. Gan") has served on the Board of Directors (the "Board") for more than nine years since her appointment as Director of the Company. As part of the Board renewal process, Dr. Gan will be retiring as Director at the conclusion of the Company's annual general meeting scheduled to be held on 30 April 2024 (the "AGM").

Dr. Gan, upon her retirement, will relinquish her roles as Independent Director, Chairperson of the Nominating Committee and member of the Audit and Remuneration Committees. After having interviewed Dr. Gan and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the retirement of Dr. Gan as Independent Director of the Company.

The Board and Management would like to thank Dr. Gan for her invaluable contribution during her tenure with the Company.