GCCP Resources Limited announced that Mr. Loh Heng Kwai will be stepping down from the Board as an Executive Director effective 7 March 2023 and he will subsequently remain as the Director of Operations for Gridland and Marble Quarries. The Sponsor after having interviewed Mr. Loh Heng Kwai, is satisfied that, save as disclosed in the announcement, there are no other material reasons for the resignation of Mr. Loh Heng Kwai as Executive Director. Mr. Loh Heng Kwai holds 7,410,162 shares in the share capital of the Company.

Resignation of Mr. Loh Heng Kwai as an Executive Director of the Company with effect from 7 March 2023 and he will subsequently remain as the Director of Operations for Gridland and Marble Quarries.