Change - Announcement of Cessation::CESSATION OF INDEPENDENT DIRECTOR

Announcement Title

Change - Announcement of Cessation

Date &Time of Broadcast

11-Jun-2025 12:21:35

Status

New

Announcement Sub Title

CESSATION OF INDEPENDENT DIRECTOR

Announcement Reference

SG250611OTHRQD20

Submitted By (Co./ Ind. Name)

Teepittra Noravethangkul

Designation

Company Secretary

Description (Please provide a detailed description of the event in the box below)

Please see details set out therein.

Additional Details

Name Of Person

TAY YU-JIN

Age

50

Is effective date of cessation known?

Yes

If yes, please provide the date

30/04/2025

Detailed Reason (s) for cessation

As part of the board renewal plan, Mr Tay Yu-Jin having served as an Independent Director for more than 9 years, stepped down from the Board with effect from 30 April 2025, at the conclusion of the AGM. Upon his cessation as Independent Director, he has ceased as Chairman of the Remuneration Committee and a member of the Nomination Committee.

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

26/04/2016

Does the AC have a minimum of 3 members (taking into account this cessation)?

Yes

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

2

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 the Remuneration Committee
Member of the Nomination Committee

Role and responsibilities

Mr Tay has served as an Independent Director, the Chairman of the Remuneration Committee, and a member of the Nomination Committee.

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

Not applicable.

Shareholding interest in the listed issuer and its subsidiaries?

No

Past (for the last 5 years)

Director, Singapore Art Museum
Director, Mayer Brown PK Wong & Nair Pte Ltd
Director, Mayer Brown (Singapore) Pte Ltd

Present

Director, Singapore Art Museum
Director, Mayer Brown PK Wong & Nair Pte Ltd
Director, Mayer Brown (Singapore) Pte Ltd