Challenger Technologies Limited having reviewed and considered the Nominating Committee's ("NC") assessment of Mr. Choo Yiang Hong, Francis's ("Mr. Choo") qualifications and work experience, has approved the appointment of Mr. Choo as an Independent Director of the Company. Job Title: Member of the Audit Committee, Remuneration Committee and Nominating Committee. Working Experience: Vice President, Global Partner Engagement & Cyber Security, APAC, of Ingram Micro Asia Pacific Ltd. (April 2021 - December 2022) Vice President & Country Chief Executive, ASEAN & Hong Kong, of Ingram Micro Asia Limited (2015 - April 2021) Vice President (SEA) and Managing Director (Singapore) of Ingram Micro Asia Limited (2014 - 2015).

Director Experience Details: The Director has completed the Executive Diploma in Directorship from the Singapore Management University. Professional Qualifications: Master of Arts in Asian Art Histories, University of London Goldsmith's College Master in Business Administration, Oklahoma City University Bachelor in Business Studies, The University of Buckingham Master in Education Management, Monash University SMU-SID Executive Diploma in Directorship Qualified Trainer/Lecturer in the Institute of Export of the Trade Development Board of Singapore. Appointment Date: May 3, 2023.