Singapore Paincare Holdings Limited announced that Chong Weng Hoe will be retiring under Regulation 97 of the Company's constitution at the forthcoming Annual General Meeting to be held on 27 October 2022 and will be stepping down as Independent Non-Executive Director, Chairman of Remuneration Committee and member of the Audit Committee and Nominating Committee. He will not be seeking re-election due to personal and family commitments. After having interviewed Mr. Chong Weng Hoe and to the best of its knowledge, the Company's sponsor, Novus Corporate Finance Pte.

Ltd., is satisfied that, save as disclosed in this announcement, there are no material reasons for the cessation of Mr. Chong Weng Hoe as the Independent Non-executive Director of the Company.