Mooreast Holdings Ltd. announced that the Nominating Committee has reviewed, assessed and concluded that Mr. Barry Silver possesses the requisite qualifications and work experiences to undertake his role. On the recommendation of the Nominating Committee, the Board approved the appointment of Mr. Barry Silver (Managing Director of Mooreast UK, a subsidiary of the Company), as a key management of the Group. Working Experience: Access Hire Middle East LLC Business Development Director (2021 to 2022) Intermoor Pty Ltd. Managing Director Australia /Group Sales Director (2019 to 2021) Vryhof Deep Sea Mooring Australia Pty Ltd. Regional Managing Director APAC & Middle East (2014 to 2019) Sparrows Offshore Services /Sparrows Global Resources Regional Manager APAC & Australia, Operations Director - Singapore (2012 to 2014).

Mr. Barry James Silver ("Barry Silver") joined as Managing Director of Mooreast UK in August 2022 when Mooreast UK was incorporated in July 2022.