V2Y Corporation Ltd. announced appointment of Seet Kah Wai (Xue Jiawei) as Independent Non-Executive Director. The Nominating Committee (the "NC") of the Company, having reviewed Mr. Seet's educational background, professional qualifications and working experience, is of the view that Mr. Seet has the necessary qualifications, working experience and ability to contribute to the Company, and thus recommended to the Board that Mr. Seet be appointed as a Non-Executive and Independent Director. In light of the reasons above and having considered the recommendation of the NC, the Board has approved the appointment of Mr. Seet as a Non-Executive and Independent Director of the Company.

Further to this, the Board considers Mr. Seet to be independent for the purposes of Rule 704(7) of the Catalist Rules. Job Title: Independent Non-Executive Director and (with effect from 11 August 2023) Chairman of the AC, member of NC and RC. Working Experience: 2023 to present: SVP, Finance, Growthwell Singapore Private Limited 2017 to 2023: Chief Financial Officer, Asian Healthcare Specialists Limited 2013 to 2017: Deputy Chief Financial Officer, China Minzhong Food Corporation Limited 2008 to 2013: Financial Controller, China Minzhong Food Corporation Limited 2004 to 2008: Audit Senior Associate, PriceWaterHouseCoopers, Singapore.