The Board Of Directors of CME wishes to announce that the company had on 23rd June 2020, received the notice in writing pursuant

to Section 281(1) of the Company Act 2016 from Messrs. Baker Tilly Monteiro Heng (Baker Tilly) on their resignation as Auditors of the

Company with effect from 19th June 2020.

The resignation of Baker Tilly is on a voluntary basis as the Company could not reach a consensus on the proposed increased to the

audit fee for the financial year ended 30th June 2020.

Save for the above, the Board is not aware of any other matters that need to be brought to the attention of the shareholders of the Company.

The Company has identified a new Auditor as the replacement Auditor subject to the following :

1. The end of resigning Auditors’ term of office , which will be twenty one (21) days from 19th June 2020
2. CME receiving the letter of consent from new Auditors to act as Auditors of the Company

Further announcement on the engagement of a new Auditor will be made by the Company in due course once the appointment of the new

Auditor is finalized.

This announcement dated 25 June 2020.