The board of directors of Carpenter Tan Holdings Limited announced that with effect from 1 May 2022, Mr. Tan Lizi has tendered his resignation as an chief executive officer of the Company to focus on his other business engagements. He has also ceased to act as an authorised representative (the "Authorised Representative") of the Company. The Board further announced that Mr. Tan Chuan Hua, an executive Director, has been appointed as the chief executive officer of the Company with effect from 1 May 2022.