The Board of Directors ("Board") of mTouche wishes to announce that the Board had at the Board of Directors' Meeting held on 24 November 2022 resolved on the change of name of the existing Audit Committee to Audit and Risk Management Committee ("ARMC") with immediate effect.

The renaming is to better reflect the ARMC's role to support the Board in fulfilling its responsibilities in governance of the Company's risk management matters.

The composition of the ARMC remained unchanged as follows:-

1) Mr. Ng Kok Hok - Independent Non-Executive Director (Chairman)

2) Ms. Kunamony A/P S.Kandiah - Senior Independent Non-Executive Director (Member)

3) Encik Khairul Azwan bin Harun - Independent Non-Executive Director (Member)

This announcement is dated 24 November 2022.