WINKING STUDIOS LIMITED

(Company Registration No. 159882)

(Incorporated in the Cayman Islands)

26 August 2026

Board Change

Winking Studios Limited (AIM / SGX:WKS), ("Winking Studios" or the "Company") one of the world's largest AAA game art outsourcing studios and an established game development company, announces that Mr Kao Shu-Kuo has resigned from his position as a Non-Executive Director of the Company and will step down from the Board with effect from 8 September 2026.

Mr Kao Shu-Kuo has served on the Board since 17 May 2023, prior to its listing on the SGX. The Board would like to thank Mr Kao Shu-Kuo for his contribution and wishes him every success in his future endeavours.

The Company's Nominating Committee and the Board are currently working on the appointment of a replacement Non-Executive Director and expects to make a further announcement in due course.

Further information regarding Mr Kao's resignation is available in the Company's corresponding SGX announcement: https://investor.winkingworks.com/frontend/web/misc/boardchange.pdf

BY ORDER OF THE BOARD

MR. JOHNNY JAN

Executive Director and Chief Executive Officer (Founder)

Enquiries

About Winking Studios Limited (AIM and SGX: WKS)

Headquartered in Singapore and dual-listed on the London Stock Exchange and Singapore Exchange (Trading Code: WKS), Winking Studios Limited is one of the world's largest AAA game art outsourcing studios and an established game development company.

With over 25 years of experience and established track record, the Group provides end-to-end art outsourcing, game development services and other gaming services across various platforms for the global gaming industry via three business segments of Art Outsourcing, Game Development and Global Publishing & Other Services.

The Group has 14 studios across Taipei, Nanjing, Suzhou, Dalian, Tianjin, Shanghai, Quebec and Kuala Lumpur with over 1,400 highly skilled employees serving a global customer base that includes 22 of the top 25 game publishers in the world.

For more information, please visit www.winkingworks.com

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, [email protected].

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.