Change - Announcement of Cessation::Cessation as Independent Director

Announcement Title

Change - Announcement of Cessation

Date &Time of Broadcast

24-Apr-2026 18:53:19

Status

New

Announcement Sub Title

Cessation as Independent Director

Announcement Reference

SG260424OTHRYAV1

Submitted By (Co./ Ind. Name)

Saleela Boontrakulsuk

Designation

Company Secretary

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

Please refer to details below.

Additional Details

Name Of Person

Mr Tang Kee Fei

Age

71

Is effective date of cessation known?

Yes

If yes, please provide the date.

24/04/2026

Detailed reason(s) for cessation

Mr Tang Kee Fei having served as an Independent Director for more than 9 years, and decided not to seek re-election at the upcoming AGM. Hence, at the conclusion of the AGM, he shall cease as Chairman of the Audit Committee, and a member of the Nomination Committee and Risk Management 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

25/04/2017

Job title (e.g. Lead ID, AC Chairman, AC Member etc.)

Independent Director
Chairman of Audit Committee
Member of Nomination Committee
Member of Risk Management Committee

Role and responsibilities

Provide independent oversight on governance, financial reporting, controls, and risk management. Chair the Audit Committee and serve on the Nomination and Risk Management Committees.

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

Do independent directors make up at least one-third of the board (taking into account this cessation)?

Yes

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

2

Shareholding interest in the listed issuer and its subsidiaries

No

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

No

Other Directorships
Past (for the last 5 years)

None.

Present

Manager of Asiatech Energy Pte Ltd.