The Board of Directors (“Board”) of Safetyware wishes to announce that the Company has on 16 October 2023 received a notice in writing from Messrs. BDO PLT on their resignation as the External Auditors of the Company. Pursuant to Section 281(2) of the Companies Act, 2016 (“CA 2016”), the term of office of Messrs. BDO PLT shall end after 21 days from the date of the Notice.

The resignation of Messrs. BDO PLT was on a voluntary basis, due to their limitation of resources and the Board of Safetyware 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 Messrs. TGS TW PLT  as the replacement Auditors. However, their appointment can only be finalised upon receiving their letter of consent to act as Auditors of the Company.

This announcement is dated 16 October 2023.