The Board of Directors of Samaiden Group Berhad ("Samaiden") wishes to inform that the Company had on 31 March 2022 received the notice in writing given pursuant to Section 281 of the Companies Act 2016 from Crowe Malaysia PLT ("Crowe") on their resignation as External Auditors of the Company. Crowe's term of office as External Auditors of the Company shall end on 31 March 2022 pursuant to Section 281(2) of the Companies Act 2016.

Crowe, who had been the External Auditors of the Company were re-appointed as the External Auditors of the Company at the 2nd Annual General Meeting ("AGM") of the Company held on 23 November 2021 to hold office until the conclusion of the next AGM of the Company. The resignation of Crowe is on voluntary basis as the Company wishes to appoint a new auditors which is based in Klang Valley, to be of closer geographical proximity with Samaiden's place of business. Save for the above, the Board is not aware of any matters that need to be brought to the attention of the shareholders of the Company.

The Board with the recommendation from the Audit and Risk Management Committee which had reviewed several proposals approved TGS TW PLT ("TGS TW") as the new External Auditors of the Company in place of Crowe, subject to the receipt of TGS TW's consent to act pursuant to Section 264(5) of the Companies Act 2016 ("Written Consent").

Further announcement will be made upon the receipt of the Written Consent by the Company.

This announcement is dated 31 March 2022.