The Board of Directors of Venture Corporation Limited announced that it has received notice from Mr. Goon Kok Loon, an independent Director, that he has decided not to offer himself for re-election as a Director at the Company's Annual General Meeting (the "AGM") to be held on 29 April 2021, and that he wishes to retire from the Board at the close of the AGM. In his notice to the Board, Mr. Goon stated that he had made this decision so that he can devote his attention and resources to personal matters. The Board, in concurrence with the Nominating Committee, has accepted Mr. Goon's notice. Accordingly, Resolution 3 in the Company's Notice of AGM dated 7 April 2021 (which relates to Mr. Goon's proposed re-election) will be withdrawn and will not be tabled for voting at the AGM.