TGL · Treasure Global Inc.

The appointment of Tengku Dato’ Musahiddin Shah as a non-executive director reflects Treasure Global Inc.’s strategic emphasis on strengthening governance with domain-specific expertise in Malaysia’s public-sector ecosystem. His prior executive leadership at Primus Jems Sdn Bhd and directorship at Ropequest Sdn Bhd—coupled with active involvement in Selangor-based community and youth development initiatives—suggests an intent to bolster the Company’s regional stakeholder alignment and public-sector opportunity pipeline. The 12-month fixed term, RM10,000 monthly fee, and binding non-compete and one-year non-solicitation clauses indicate a structured, compliance-oriented onboarding aligned with Delaware corporate governance standards. While the resignation of Mr. Chan Wai Kuan is routine and without disclosed controversy, the timing and replacement profile signal continuity in board composition rather than a reactive governance shift. No financial impact beyond recurring director compensation is disclosed, and no related party transactions or conflicts are indicated in the filing.