Quantum Healthcare Limited announced resignation of Kelvin Tong Wee Chaing as Chief Financial Officer. Reason For Cessation: Mr. Kelvin Tong Wee Chiang ("Mr Tong") has resigned from his position as Chief Financial Officer as Mr. Tong has been with the Company since 1 July 2014 and has successfully seen the Company though the recently completed change in business via a Scheme of Arrangement which was completed on 28 July 2022. Mr. Tong thought it would be good timing for him to move on now to explore other career opportunities.

After having interviewed Mr. Tong and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. ("PPCF"), is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Tong as the Chief Financial Officer of the Company. In addition, PPCF notes that there are no concerns with regards to the financial reporting of the Group that led to the cessation of Mr. Tong and there are no disagreements between Mr. Tong and the Board of Directors of the Company with regards to practices that will have an impact on the Company's financial reporting.

The Company has identified a replacement and is in the process of finalising his appointment and will update shareholders by way of announcement in due course.