Welterman International Ltd — Updates, 25-07-2025: Company Update

Welterman International's Board has appointed Mr. Sudeep Saxena as a Non-Executive Independent Director. His five-year term, effective immediately, awaits shareholder approval. Mr. Saxena significantly strengthens the board, bringing over 36 years of experience as a National Group Head Corporate Finance in the banking sector. His expertise spans relationship management, credit appraisal, and risk management, which will be valuable for strategic oversight and governance. This appointment aims to enhance the company's leadership and benefit stakeholders. Mr. Saxena has no prior relations with existing directors.