Change – Announcement of Cessation: Independent Director

Name Of Person
Tan Min-Li

Age
56

Is effective date of cessation known?
Yes

If yes, please provide the date
28/10/2024

Detailed Reason (s) for cessation
After serving more than 9 years from the date of her appointment as an independent director of the Company, Ms. Tan Min-Li ("Ms. Tan") will be retiring as Independent Director of the Company pursuant to Regulation 91 of the Company's Constitution and she will not seek for re-election. Accordingly, she has retired at the conclusion of the Company's Annual General Meeting held on 28 October 2024 and she will also step down as Chairman of Nominating Committee, Member of the Audit Committee and Remuneration Committee.

The Company would like to express its gratitude and appreciation towards Ms. Tan's valuable contributions to the Board during her tenure.

Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No

Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No

Any other relevant information to be provided to shareholders of the listed issuer?
No

Date of Appointment to current position
01/04/2015

Does the AC have a minimum of 3 members (taking into account this cessation)?
No

Number of Independent Directors currently resident in Singapore (taking into account this cessation)
1

Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0

Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Nominating Committee, member of Audit and Remuneration Committees

Role and responsibilities
Independent Director, Chairman of Nominating Committee, member of Audit and Remuneration Committees

Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil

Shareholding interest in the listed issuer and its subsidiaries?
No

Past (for the last 5 years)
Ocean Sky International Limited
Whitelight Ventures Inc
Anchun International Holdings Ltd
Sky Premium International Pte. Ltd.

Present
CNPLaw LLP (Partner)
Belle Curve Holdings Pte. Ltd.
Plan B Projects Pte. Ltd.
GSH Corporation Limited