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Change - Announcement Of Retirement Of Independent Director

Announcement Title	Change - Announcement of Cessation
Date & Time of Broadcast	Oct 17, 2025 17:25
Status	New
Announcement Sub Title	Retirement of Independent Director
Announcement Reference	SG251017OTHRD2KE
Submitted By (Co./ Ind. Name)	Yong Yean Chau
Designation	Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)	Retirement of Independent Director
Additional Details
Name Of Person	Ho Kian Guan
Age	80
Is effective date of cessation known?	Yes
If yes, please provide the date	20/10/2025
Detailed Reason (s) for cessation	Mr. Ho Kian Guan ("Mr. Ho") retires as Independent Director of the Company on 20 October 2025 in view of the 9-year tenure limit for independent directors pursuant to Regulation 13D of the Securities and Futures (Licensing and Conduct of Business) Regulations. Mr. Ho will accordingly cease as Chairman of the Board of Directors and a member of the Audit and Risk Committee.
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	21/10/2016
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.)	Independent Director, Chairman of Board of Directors, and Member of the Audit and Risk Committee
Role and responsibilities	As above.
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)	Shangri-la Asia Limited - Non-Executive Director
Present	1. Keck Seng (Malaysia) Berhad - Executive Chairman 2. Keck Seng Investments (Hong Kong) Limited - Executive Chairman