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

Issuer & Securities

Issuer/ Manager
NETLINK NBN MANAGEMENT PTE. LTD.
Securities
NETLINK NBN TRUST - SG1DH9000006 - CJLU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Nov-2022 18:14:36
Status
New
Announcement Sub Title
Resignation of Non-Independent Non-Executive Director
Announcement Reference
SG221102OTHRNL0T
Submitted By (Co./ Ind. Name)
Chester Leong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Independent Non-Executive Director

Additional Details

Name Of Person
Mr Slattery Sean Patrick
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
03/11/2022
Detailed Reason (s) for cessation
Singapore Telecommunications Limited, a substantial unitholder of NetLink NBN Trust, has nominated Mr Quah Kung Yang in place of Mr Slattery Sean Patrick. Accordingly, Mr Slattery Sean Patrick stepped down from the Board of the Trustee-Manager. Consequently, Mr Slattery Sean Patrick also relinquished his position as Chairman of the Risk and Regulatory 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
28/04/2017
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Non-Executive Director, Chairman of the Risk and Regulatory Committee
Role and responsibilities
Non-Independent Non-Executive Director, Chairman of the Risk and Regulatory Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
200,000 units in NetLink NBN Trust
Past (for the last 5 years)
Nil
Present
Nil