Gold Frontier Holdings Limited (the “Company”) announced on 16 May 2024 that senior management will change. Mr. Chen Cherchi will no longer serve as the Company's Chief Financial and Treasury Officer and will terminate all duties with the Company and its wholly-owned subsidiaries NagaGroup Global Limited and NagaCap Limited. The Company indicates that the change will not have a material impact on the Group's operations and will continue to follow the Board's business strategy. We would like to thank Mr. Chen Cherchi for the contribution of Mr. Chen Cherchi in the post. The Board of Directors does not disagree with Mr. Chen Cherchi and does not need to make any additional comments to shareholders or HKEX Limited.

Gold Frontier Holdings Limited (the “Company”) announced on 16 May 2024 that senior management will change. Mr. Chen Cherchi will no longer serve as the Company's Chief Financial and Treasury Officer and will terminate all duties with the Company and its wholly-owned subsidiaries NagaGroup Global Limited and NagaCap Limited. The Company indicates that the change will not have a material impact on the Group's operations and will continue to follow the Board's business strategy. We would like to thank Mr. Chen Cherchi for the contribution of Mr. Chen Cherchi in the post. The Board of Directors does not disagree with Mr. Chen Cherchi and does not need to make any additional comments to shareholders or HKEX Limited.