| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Mar 29, 2022 6:53 |
| Status | New |
| Announcement Sub Title | Resignation of Mr Eric Ang Teik Lim as an Independent Director |
| Announcement Reference | SG220329OTHRS6O5 |
| 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) | Resignation of Mr Eric Ang Teik Lim ("Mr Ang") as an Independent Director of Sembcorp Marine Ltd ("SCM") |
| Additional Details | |
| Name Of Person | Eric Ang Teik Lim |
| Age | 69 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 20/04/2022 |
| Detailed Reason (s) for cessation | Mr Ang will be completing his nine years of service on the SCM Board on 29 April 2022. As part of the board renewal process, he will step down as a Director of SCM with effect from the conclusion of the upcoming annual general meeting to be held on 20 April 2022. |
| 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 | 30/04/2013 |
| 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) | 6 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Lead ID, ERCC Chairman, NC Chairman and BRC member |
| Role and responsibilities | He is a Non-executive and Independent Director. |
| 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? | Yes |
| Shareholding Details | Mr Ang holds 217,500 shares in SCM and his spouse holds 123,000 shares in SCM. |
| Past (for the last 5 years) | - The Islamic Bank of Asia Limited - Hwang Capital (Malaysia) Bhd - NetLink Management Pte Ltd - DBS Foundation Ltd - Changi Airport Group (Singapore) Ltd |
| Present | - Raffles Medical Group Ltd - Wing Tai Holdings Limited - NetLink NBN Management Pte Ltd (Trustee of NetLink NBN Trust) - Surbana Jurong Private Limited |