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

Issuer & Securities

Issuer/ Manager
KEPPEL LTD.
Securities
KEPPEL LTD. - SG1U68934629 - BN4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Mar-2024 00:06:43
Status
New
Announcement Sub Title
Cessation of Non-Executive and Lead Independent Director
Announcement Reference
SG240328OTHR7P54
Submitted By (Co./ Ind. Name)
Karen Teo/Samantha Teong
Designation
Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Till Bernhard Vestring as Non-Executive and Lead Independent Director.

Additional Details

Name Of Person
Till Bernhard Vestring
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
19/04/2024
Detailed Reason (s) for cessation
Retirement. Mr Shirish Apte will be appointed as Lead Independent Director in Mr Vestring's stead with effect from 19 April 2024.
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
16/02/2015
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Lead Independent Director, Chairman of Remuneration Committee and Member of Nominating Committee.
Role and responsibilities
As above.
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
112,000 shares in Keppel Ltd.
22,400 units in Keppel REIT
Past (for the last 5 years)
1. Inchcape plc
2. Keppel Telecommunications & Transportation Ltd
Present
1. Leap Philanthrophy Ltd
2. Advanced Micro Foundry Pte. Ltd.
3. Delaware Consulting International CVBA
4. AP Technologies Group Pte. Ltd.