The Board of Directors of Powermatic Data Systems Limited announced the following changes: the appointment of Cham Tao Soon as Chairman of the Remuneration Committee in place of Tan Chao Hsiung David with effect from 1 June 2023; Tan Chao Hsiung David will remain as member of the Remuneration Committee; and the appointment of Cham Tao Soon as member of the Audit and Risk Management Committee and Nominating Committee with effect from 1 June 2023. Consequently, the compositions of the Board Committees shall be as: Audit and Risk Management Committee: Tan Chao Hsiung David - Chairman, Cheng Heng Tan - Member, Lye Kin Mun - Member, and Cham Tao Soon - Member. Nominating Committee: Lye Kin Mun - Chairman, Tan Chao Hsiung David - Member, Cheng Heng Tan - Member and Cham Tao Soon - Member.

Remuneration Committee: Cham Tao Soon - Chairman, Tan Chao Hsiung David - Member, Lye Kin Mun - Member and Cheng Heng Tan - Member.