Vallianz Holdings Limited announced the resignation of Mr. Keegan Chua Tze Wee ("Mr. Chua") as the Finance Director of the Company and his last day of service with the Group will be on 7 October 2022. The Company wishes to confirm that there is no connection whatsoever with regard to the financial reporting and Mr. Chua's resignation and that there has not been any disagreement with regards to practices that would have an impact on the Company's financial reporting. The Board of Directors wishes to express its appreciation to Mr. Chua for his dedication and invaluable contributions to the Group during his tenure with the Company.

The Board of Directors wishes to express its appreciation to Mr. Chua for his dedication and invaluablecontributions to the Group during his tenure with the Company.