Change - Announcement of Cessation::Cessation of Service of Non-Executive and Non-Independent Director

Issuer & Securities

Issuer/ Manager
SINGAPORE AIRLINES LIMITED
Securities
SIA US$600M3.375%N290119 - XS2405871570 - VB9B
SIA S$700M3.035%N250411 - SG7AG1000009 - 6S1B
SIA S$700M3.13%N270823 - SG7FH2000005 - 7J1B
SIA S$600M3.16%N231025 - SGXF82409008 - Z7VB
SIA S$750M 3.03% B 240328 - SGXF93746596 - SQ1B
SIA S$500M3.5%N301202 - SGXF10397887 - HGGB
SIA S$850M1.625%CB251203 - XS2260025296 - VTRB
SIA 2021 MCB S$6.196B Z300608 - SGXF74459318 - YQ7B
SIA US$500M3%N260720 - XS2284332769 - FJYB
SIA S$300M3.75%N240408 - SG6PE4000001 - 3F4B
SINGAPORE AIRLINES LTD - SG1V61937297 - C6L
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jun-2023 08:42:12
Status
New
Announcement Sub Title
Cessation of Service of Non-Executive and Non-Independent Director
Announcement Reference
SG230628OTHRKPLO
Submitted By (Co./ Ind. Name)
Brenton Wu
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Service of Non-Executive and Non-Independent Director

Additional Details

Name Of Person
Hsieh Tsun-yan
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
27/07/2023
Detailed Reason (s) for cessation
As part of the Board renewal process, Mr Hsieh will be retiring by rotation pursuant to Article 91 of the Constitution of Singapore Airlines Limited ("SIA") but will not be offering himself for re-election. Accordingly, Mr Hsieh will retire at the conclusion of the Fifty-First Annual General Meeting of SIA, which is scheduled to be held on 27 July 2023. He was appointed to the SIA Board on 1 September 2012 and has served as a Non-Executive Director for over 10 years.
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
01/09/2012
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)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director
Member of the following Board Committees:
(i) ExCo
(ii) AC
(iii) BCIRC.
Role and responsibilities
Non-Executive and Non-Independent Director
Member of the following Board Committees:
(i) ExCo
(ii) AC
(iii) BCIRC
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?
Yes
Shareholding Details
46,050 ordinary shares in SIA
Past (for the last 5 years)
Chairman: Manulife US Real Estate Management Pte. Ltd.
Director: Dyson Holdings Pte. Ltd.
Member, Governing Board: Duke-NUS Medical School, Singapore
Member, Management Advisory Board: National University of Singapore Business School
Member: Institute of Policy Studies Academic Panel, Singapore



Present
Chairman and Lead Counselor: LinHart Group Pte Ltd
Vice Chairman and Director: Singapore Institute of Management Group Limited
Director: Manulife Financial Corporation, Canada
Director: Singapore Health Services Pte Ltd
Director: The Manufacturers Life Insurance Company
Professor (Practice): Lee Kuan Yew School of Public Policy, Singapore
Professor (Practice): National University of Singapore Business School