Change - Announcement of Cessation::Retirement of Independent Non-Executive Director - Wee Guan Oei Desmond

Issuer & Securities

Issuer/ Manager
FIRST SPONSOR GROUP LIMITED
Securities
FIRST SPONSOR GROUP LIMITED - KYG3488W1078 - ADN
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2026 19:55:10
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director - Wee Guan Oei Desmond
Announcement Reference
SG260427OTHRAMDO
Submitted By (Co./ Ind. Name)
Neo Teck Pheng
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Wee Guan Oei Desmond as Lead Independent Director and Non-Executive Director of the Company at the conclusion of the Annual General Meeting of the Company, held on 27 April 2026 ("AGM").

Additional Details

Name of person
Wee Guan Oei Desmond
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date.
27/04/2026
Detailed reason(s) for cessation
As part of the Board renewal process, Mr Wee Guan Oei Desmond retired from the Board as the Lead Independent Director and Non-Executive Director of the Company upon the conclusion of the AGM.
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
06/02/2017
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Nominating Committee and Chairman of the Remuneration Committee.
Role and responsibilities
Lead Independent Director, Chairman of the Nominating Committee and Chairman of the Remuneration Committee.
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
0
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)
Popular Holdings Limited
Present
Spartans Rugby Singapore Limited