| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 23, 2025 18:25 |
| Status | New |
| Announcement Sub Title | Cessation of Appointment of Non-Executive and Non-Independent Director |
| Announcement Reference | SG250423OTHRJNYO |
| Submitted By (Co./ Ind. Name) | Looi Lee Hwa |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Mr Nagi Hamiyeh has stepped down as non-executive and non-independent director with effect from 23 April 2025. Consequently, Mr Nagi ceased to be a member of the Audit and Risk Committee, Nomination and Remuneration Committee and Transformation Committee. |
| Additional Details | |
| Name Of Person | Nagi Hamiyeh |
| Age | 56 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 23/04/2025 |
| Detailed Reason (s) for cessation | Mr Nagi stepped down primarily due to his work commitments. |
| 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 | 28/02/2023 |
| 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) | 3 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive and Non-Independent Director |
| Role and responsibilities | Mr Nagi is a Non-Executive and Non-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? | No |
| Past (for the last 5 years) | Dream International BV (Director) Kyanite Investment Holdings Pte. Ltd. (Director) Kyanite Investment Holdings (I) Pte. Ltd. (Director) Lebanese International Finance Executives (Board Member) Olam Agri Holdings Pte. Ltd. (Director) Sheares Healthcare Group of Companies (Director) Sigma Healthcare Management (Director) Startree Investments Pte. Ltd. (Director) Tana Africa Capital (Director) Tana Africa Investment Managers (Board Member) |
| Present | EM Topco Limited (Director) OFI Group Ltd (Director) Olam Group Limited (Director) Sembcorp Industries Ltd (Director) |