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| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Mar 21, 2023 17:17 |
| Status | New |
| Announcement Sub Title | Retirement of Lead Independent Director - Mr Tan Bong Lin |
| Announcement Reference | SG230321OTHRZDIR |
| Submitted By (Co./ Ind. Name) | Chua Khee Hak |
| Designation | Executive Chairman |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr Tan Bong Lin as Lead Independent Director. |
| Additional Details | |
| Name Of Person | Tan Bong Lin |
| Age | 66 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 20/04/2023 |
| Detailed Reason (s) for cessation | Mr Tan will be retiring as a Lead Independent Director of the Company pursuant to Article 94 of the Company's Constitution. Accordingly, he shall retire at the conclusion of the Company's upcoming Annual General Meeting and is not seeking for re-election. |
| 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 | 04/09/2017 |
| 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 |
| 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.) | i. Lead Independent Director ii. Chairman of the Audit and Risk Committee iii. Member of the Nominating and Remuneration Committees |
| Role and responsibilities | Carry out the responsibilities of a Lead Independent Director, the Chairman of the Audit and Risk Committee and member of Nominating and Remuneration Committees. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Nil |
| Present | i. YTL Starhill Global REIT Management Limited ii. THR Infrastructure Pte. Ltd. iii. RHT Health Trust Manager Pte. Ltd. iv. THR Services Pte. Ltd. v. GLP REIT Management Pte. Ltd. |