| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 30, 2026 17:24 |
| Status | New |
| Announcement Sub Title | Retirement of Independent Director |
| Announcement Reference | SG260430OTHRGVIS |
| Submitted By (Co./ Ind. Name) | Soh Siak Poh Benedict |
| Designation | Executive Chairman |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Independent Director |
| Additional Details | |
| Name of person | Tan Guan Hiang |
| Age | 75 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date. | 30/04/2026 |
| Detailed reason(s) for cessation | Ms Tan Guan Hiang was due for retirement by rotation at the Twenty-Third Annual General Meeting of the Company pursuant to Regulation 89 of the Company's Constitution and has decided not to seek re-election as a Director 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 | 15/11/2016 |
| Job title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director, Chairwoman of Remuneration Committee and a member of Audit Committee and Nominating Committee. |
| Role and responsibilities | Duties as an Independent Director, Chairwoman of Remuneration Committee and a member of Audit Committee and Nominating Committee. |
| 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 |
| Do independent directors make up at least one-third of the board (taking into account this cessation)? | No |
| Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 0 |
| 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 | None |
| Other Directorships Past (for the last 5 years) |
Directorship: None Other principal commitment: - Member of Executive Committee of Dyslexia Association of Singapore |
| Present | Directorships: - Valuemax Group Limited - DAS Academy Ltd - DAS International Services Pte Ltd Other principal commitments: - Board member of YMCA Singapore - Program Director of Asia Human Resources Council for The Conference Board |