| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Feb 28, 2023 22:38 |
| Status | New |
| Announcement Sub Title | Appointment of Mr Jan Holm as Independent Director |
| Announcement Reference | SG230228OTHRQPW6 |
| Submitted By (Co./ Ind. Name) | Tan Yah Sze |
| Designation | Joint Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Mr Jan Holm as Independent Director of Sembcorp Marine Ltd (the "Company"), Chairman of Corporate Social Responsibility Committee ("CSRC"), Member of Audit and Risk Committee ("ARC") and Member of Transformation Committee ("TC") |
| Additional Details | |
| Date Of Appointment | 28/02/2023 |
| Name Of Person | Jan Holm |
| Age | 54 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process) | As described in the Circular to Shareholders dated 31 January 2023 in relation to the proposed combination of the Company and Keppel Offshore & Marine Ltd (the "Proposed Combination"), Mr Holm has been appointed as a director of the Company upon completion of the Proposed Combination on 28 February 2023. |
| Whether appointment is executive, and if so, the area of responsibility | Non-executive. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director, CSRC Chairman, ARC Member and TC Member |
| Professional qualifications | - Certified International Director, INSEAD, Singapore (2022) - Executive MBA - Management, Copenhagen Business School, Denmark (2002) - Asian International Executive Program, INSEAD (2011) - Advanced Management Program, INSEAD (2007) - Master of Science Economics and Business Administration Finance and Accounting, Aarhus School of Business, Denmark (1997) - Diploma in Economics and Business Administration International Business, Aarhus School of Business, Denmark (1994) - Bachelor of Science in Economics and Business Administration, Aarhus School of Business, Denmark (1992) |
| Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries | None |
| Conflict of interests (including any competing business) | None |
| Working experience and occupation(s) during the past 10 years | - 2020 to Present, Seaborg Technologies; Executive Vice President - 2004 to 2021, Maersk Group; Board Member |
| Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6)) | Yes |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| # These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8). | |
| Past (for the last 5 years) | A.P. Moller Singapore Pte. Ltd. Africasia Capital Pte. Ltd. Dropboy ApS Holdingselskabet af 29.11.2017 A/S Maersk Drilling JS-Services Lda (Angola) Maersk Drilling Labuan Ltd. Maersk Drilling Malaysia Sdn. Bhd. Maersk Rigworld Ghana Limited Maersk Supply Service Singapore Pte. Ltd. Noble Drilling Nigeria Holdings Pte. Ltd. Noble Drilling Services Singapore Pte. Ltd. Noble Drillship I Singapore Pte. Ltd. Noble Drillship II Singapore Pte. Ltd. Noble Drillship IV Singapore Pte. Ltd. Noble Highlander UK Ltd, Singapore Branch Noblecorp Drilling Holdings Singapore Pte. Ltd. Own Suite Home Pte. Ltd. |
| Present | Alexandra Road Ventures Pte. Ltd. Oceanway Holdings Pte. Ltd. Risk Intelligence A/S Risk Intelligence Singapore Pte. Ltd. Rov-Tech Pte. Ltd. Seaborg Singapore Pte. Ltd. Sirius Venture Pte. Ltd. Centre for Strategic Energy and Resources Limited |
| (a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner? | No |
| (b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency? | No |
| (c) Whether there is any unsatisfied judgment against him? | No |
| (d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose? | No |
| (e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach? | No |
| (f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part? | No |
| (g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust? | No |
| (h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust? | No |
| (i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity? | No |
| (j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :- | |
| (i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or | No |
| (ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or | No |
| (iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or | No |
| (iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | No |
| (k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere? | No |
| Any prior experience as a director of an issuer listed on the Exchange? | No |
| If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange | Mr Holm does not have prior experience in being a director of an issuer listed on the Exchange, and has undertaken to attend the mandatory training as prescribed by the Listing Manual within one year from his appointment to the Board. |