Cartrade Tech Limited — Others, 01-04-2025: Change in Director(s)

The Board of Directors has announced a board meeting to approve the re-appointment of Mr. Vinay Vinod Sanghi as Managing Director for another five years starting from April 01, 2026, as well as the appointment of Mr. Steven Douglas Greenfield as a Non-Executive Independent Director for a five-year term beginning April 01, 2025. Both appointments are subject to shareholder approval.

The continuity in leadership with Mr. Sanghi's extensive experience could strengthen the company's strategic direction, while Mr. Greenfield's technology background may enhance operational efficiencies. This may foster a positive outlook among investors, indicating a commitment to growth and stability in CarTrade’s future endeavors.