General Announcement::CHANGE OF JOINT SECRETARY

AXINGTON INC.

(Company Registration No.: LL12218)

(A Company incorporated under the Labuan Companies Act 1990, Malaysia)

CHANGE OF JOINT SECRETARY

The Board of Directors (the "Board") of Axington Inc. (the "Company") wishes to announce the appointment of Mr Chen Chuanjian, Jason as Joint Secretary of the Company with effect from 30 June 2021 in place of Mr Raymond Lam Kuo Wei who has resigned.

Following the above change, the Joint Secretaries of the Company are Mr Chen Chuanjian, Jason and Ms Tan Ching Ching.

Hans Corporate Services Ltd will remain as the resident secretary of the Company to fulfil the requirement under the Labuan Companies Act 1990.

BY ORDER OF THE BOARD

Roberto Dona

Non-Executive Chairman and Independent Director

29 June 2021

This announcement has been prepared by the Company and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. ("Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Mr. Pong Chen Yih, Chief Operating Officer, 7 Temasek Boulevard, #18-03B Suntec Tower 1, Singapore 038987, telephone [phone].