Change - Announcement of Appointment::RE-DESIGNATION TO NON-INDEPENDENT AND NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
SINGAPORE AIRLINES LIMITED
Securities
SIA US$600M3.375%N290119 - XS2405871570 - VB9B
SIA S$700M3.13%N270823 - SG7FH2000005 - 7J1B
SIA S$500M3.5%N301202 - SGXF10397887 - HGGB
SIA S$850M1.625%CB251203 - XS2260025296 - VTRB
SIA US$500M3%N260720 - XS2284332769 - FJYB
SIA S$300M3.75%N240408 - SG6PE4000001 - 3F4B
SINGAPORE AIRLINES LTD - SG1V61937297 - C6L
SIA US$500M5.25%N340321 - XS2787854673 - 96HB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Jul-2025 20:54:19
Status
New
Announcement Sub Title
RE-DESIGNATION TO NON-INDEPENDENT AND NON-EXECUTIVE DIRECTOR
Announcement Reference
SG250725OTHRX8RM
Submitted By (Co./ Ind. Name)
Brenton Wu
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Following his re-election at the Fifty-Third Annual General Meeting ("AGM") of Singapore Airlines Limited (the "Company") held on 25 July 2025, Mr Peter Seah Lim Huat has been re-designated from an Independent and Non-Executive Director to a Non-Independent and Non-Executive Director of the Company with effect from the conclusion of the AGM. Following his re-designation, Mr Seah has stepped down as Chairman, but remains as a member, of the Board Compensation and Industrial Relations Committee ("BCIRC") and the Board Nominating Committee ("NC"). He continues to serve as Chairman of the Board and the Board Executive Committee ("ExCo") and a member of the Board Safety and Risk Committee ("BSRC").

Additional Details

Date Of Appointment
25/07/2025
Name Of Person
Peter Seah Lim Huat
Age
78
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
25/07/2025
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Peter Seah Lim Huat was appointed as a Director on the Board of Singapore Airlines Limited on 1 September 2015 and as Chairman on 1 January 2017. He was re-elected at the Fifty-Third Annual General Meeting of the Company held on 25 July 2025. Following Mr Seah's re-election, he has been re-designated from Independent and Non-Executive Director to Non-Independent and Non-Executive Director with effect from the conclusion of the AGM pursuant to Rule 210(5)(d)(iv) of the SGX-ST Listing Manual. The Board believes it is critical that Mr Seah remains on the Board as its Non-Independent and Non-Executive Chairman in order to provide leadership and continuity as the Company faces the post COVID-19 global uncertainties and challenges ahead.

Whether appointment is executive, and if so, the area of responsibility
The appointment is Non-Executive.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent and Non-Executive Director
Chairman of the Board and ExCo
Member of BCIRC, NC and BSRC
Professional qualifications
Bachelor of Business Administration (Honours), University of Singapore.
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Mr Seah is the Chairman of DBS Bank Ltd, DBS Group Holdings Ltd and LaSalle College of the Arts Limited. A banker for more than 30 years, Mr Seah was with the former Overseas Union Bank between 1977 and 2001, retiring as Vice-Chairman and Chief Executive Officer.
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
247,500 ordinary shares of Singapore Airlines Limited
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
Chairman, Singapore Health Services Pte Ltd
Deputy Chairman, Fullerton Financial Holdings Pte Ltd
Present
Chairman, DBS Group Holdings Ltd
Chairman, DBS Bank Ltd
Chairman, DBS Bank (Hong Kong) Limited
Chairman, LaSalle College of the Arts Limited
Chairman, National Wages Council
Deputy Chairman, STT Communications Ltd
Director, GIC Private Limited
Director, University of the Arts Singapore Ltd
Member, Council of Presidential Advisers
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Mr Seah has been a Director of Singapore Airlines Limited since 1 September 2015 and Chairman since 1 January 2017. Mr Seah is also Chairman and Director of DBS Group Holdings Ltd.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not applicable.