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Change - Announcement Of Resignation Of Independent Non-Executive Director - Mr Low Wee Siong

Announcement Title	Change - Announcement of Cessation
Date & Time of Broadcast	Dec 8, 2025 17:20
Status	New
Announcement Sub Title	Resignation of Independent Non-Executive Director - Mr Low Wee Siong
Announcement Reference	SG251208OTHRZOEU
Submitted By (Co./ Ind. Name)	Lee Li Huang
Designation	Chief Financial Officer and Company Secretary
Description (Please provide a detailed description of the event in the box below)	Resignation of Mr Low Wee Siong ("Mr Low") as Independent Non-Executive Director of the Company
Additional Details
Name of person	Low Wee Siong
Age	48
Is effective date of cessation known?	Yes
If yes, please provide the date.	04/01/2026
Detailed reason(s) for cessation	As part of the Board renewal plan, Mr Low has on 4 December 2025 tendered his resignation as an Independent Director of the Company with effect from 4 January 2026. Concurrently, Mr Low will relinquish his positions as the Chairman of Nominating Committee and member of the Audit and Remuneration Committees of the Company.
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	13/06/2018
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)	Independent Non-Executive Director, Chairman of Nominating Committee and member of the Audit and Remuneration Committees
Role and responsibilities	Roles and responsibilities as Independent Non-Executive Director, Chairman of Nominating Committee and member of the Audit and Remuneration 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)	3
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	1
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)	- Wong Tan & Molly Lim LLC - CNPLaw LLP - Republic Healthcare Limited - Wong Partnership LLP
Present	- Beng Kuang Marine Limited - CNPLaw LLP