Change - Announcement of Cessation::Retirement of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
ESR TRUST MANAGEMENT (SUNTEC) LIMITED
Securities
SUNTEC REAL ESTATE INV TRUST - SG1Q52922370 - T82U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Dec-2025 17:58:22
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director
Announcement Reference
SG251230OTHRSU9B
Submitted By (Co./ Ind. Name)
Chong Kee Hiong
Designation
Director
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr. Chan Pee Teck Peter as Independent Non-Executive Director

Additional Details

Name of person
Chan Pee Teck Peter
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date.
31/12/2025
Detailed reason(s) for cessation
The Board of ESR Trust Management (Suntec) Limited wishes to announce that Mr. Chan Pee Teck Peter ("Mr. Chan") will retire as Independent Non-Executive Director, effective 31 December 2025.

Pursuant to Rule 210(5)(d)(iv) of the SGX Mainboard Listing Rules, an independent director who has served on the Board for an aggregate period of nine years or more is no longer eligible to be designated as independent. Mr. Chan has served as an Independent Non-Executive Director since 1 January 2017 and will reach his nine-year tenure limit on 31 December 2025. Accordingly, he will cease to be considered independent.

The Board expresses its deep gratitude and appreciation to Mr. Chan for his invaluable contributions to the Manager and Suntec REIT during his 9 years of dedicated service.
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
01/01/2017
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director
Role and responsibilities
Independent Non-Executive Director
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
3
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
Nil
Other Directorships
Past (for the last 5 years)
Please refer to Annexure A
Present
Please refer to Annexure A

Attachments

Annexure A-Peter Chan.pdf
Total size =208K