The Board of Directors of Ellipsiz Ltd. announced the resignation of Mr. Kelvin Lum Wen-Sum ("Mr Kelvin Lum") as Chief Executive Officer ("CEO") of the Company with effect from 13 September 2024. Pending the appointment of a new CEO after Mr. Kelvin Lum steps down, the CEO functions will be carried out by a management committee comprising Mr. Adrian Lum Wen- Hong and Ms Iris Wu Hwee Tan, both of whom are Directors of the Company. In the meantime, Mr. Kelvin Lum will be working closely with the Board, management of the Company and the management committee to facilitate a smooth transition of duties.