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

Issuer & Securities

Issuer/ Manager
YANGZIJIANG MARITIME DEVELOPMENT LTD.
Securities
YANGZIJIANG MARITIME - SGXE35825913 - 8YZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Apr-2026 19:07:54
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director
Announcement Reference
SG260430OTHRRSOB
Submitted By (Co./ Ind. Name)
Ren Yuanlin
Designation
Executive Chairman and CEO
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Non-Executive Director

Additional Details

Name of person
Lyu Jianwei
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date.
30/04/2026
Detailed reason(s) for cessation
Mr Lyu Jianwei ("Mr Lyu") retired as an Independent Non-Executive Director of the Company pursuant to Regulation 115 of the Company's Constitution and did not seek re-election as a Director at the Annual General Meeting ("AGM") held on 30 April 2026.

Following his retirement, Mr Lyu has also relinquished his positions as a Member of the Nominating, Remuneration and Audit Committees.

The Board would like to express its gratitude to Mr Lyu for his valuable contributions to the Company during his tenure of 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?
Yes
If yes, please elaborate.
With the retirement of Mr Lyu at the conclusion of the AGM, the Audit and Risk Committee ("ARC") will fall below the minimum requirement of three members. The Board and the ARC will endeavour to fill the vacancy within two (2) months after the AGM, but in any case, not later than three (3) months from 30 April 2026.
Date of appointment to current position
31/10/2025
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Member of the Nominating, Remuneration and Audit Committees
Role and responsibilities
Independent Non-Executive Director
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of independent directors currently resident in Singapore (taking into account this cessation)
1
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
1
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
NA
Other Directorships
Past (for the last 5 years)
NA
Present
Shanghai Tianchong Qiushi Energy Technology Co., Ltd.