GS Holdings Limited announced resignation of Mr. Pang Pok as an Executive Director. Ms Ang Siew Kiock is the director of Hao Kou Wei Pte. Ltd., a subsidiary of the Company, and a substantial shareholder of the Company.

Ms Ang Siew Kiock is Mr. Pang's wife. Ms Pang Yiling Eliss is the Director of Operations of the Company. Ms Pang Yiling Eliss is Mr. Pang's daughter.

Other DirectorShips Present includes Within the Group 1. Hao Kou Wei Food Group Pte. Ltd. 2. Hao Kou Wei Pte. Ltd. 3. Hawkerway Pte.

Ltd. 4. Raffles Brands Pte. Ltd. 5. Raffles Coffee Pte. Ltd. 6. Wish Hospitality Holdings Private Limited 7. Wish Health Management (Shanghai) Co.

Ltd. 8. Sing Swee Kee Pte. Ltd. 9. Sing Global Brands Pte. Ltd. 10.

PMAS International Pte. Ltd. 11. GS Innovative Food Pte.

Ltd. 12. PMAS International Trading (Hainan) Co. Ltd. Outside the Group 1. Bartley Kopi Pte.

Ltd. Reason For Cessation includes Mr. Pang Pok ("Mr Pang") has tendered his resignation from his position as an Executive Director of the Company with effect from 1 June 2024. Following Mr. Pang's resignation, Mr. Pang will remain as Chief Executive Officer of the Company. Mr. Pang's resignation is part of Board's renewal and refresh while he concentrates on operational matters.

The Sponsor, after having interviewed Mr. Pang is satisfied that, save as disclosed in this announcement, there is no other material reason for his resignation as an Executive Director of the Company.