Change - Announcement of Appointment::Appointment of Non-Independent Non-Executive Deputy Chairperson

Issuer & Securities

Issuer/ Manager
USP GROUP LIMITED
Securities
USP GROUP LIMITED - SG1CH0000007 - BRS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Jul-2026 18:45:08
Status
New
Announcement Sub Title
Appointment of Non-Independent Non-Executive Deputy Chairperson
Announcement Reference
SG260730OTHRGKGP
Submitted By (Co./ Ind. Name)
Kiar Lee Noi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Independent Non-Executive Deputy Chairperson

Additional Details

Date of appointment
30/07/2026
Name of person
Dangi Maio
Age
36
Country of principal residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board of Directors, having considered the Nominating Committee's recommendations and Ms. Dangi Maio's professional qualifications, educational background and extensive working experience in operations, technology and cross-border business development, together with her role as Chief Executive Officer of Ascendro Group and her strategic investment in the Company in support of its restructuring and recapitalisation, which will be of great value to the Group, is of the view that she possesses the requisite experience and capabilities to assume the role of Non-Independent Non-Executive Deputy Chairperson of the Company.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Non-Executive Deputy Chairperson, and Chairperson of AI and Technology Committee
Professional qualifications
Certified Ethical Hacker (CEH), EC-Council
Diploma in Network Defence and Forensic Countermeasures, PSB Academy, Singapore
Working experience and occupation(s) during the past 10 years
Director, Ascendro Group, July 2025 - Present

Director / Chief Executive Officer, Giga Orca Pte. Ltd., December 2024 - Present

Marketing Bridging Specialist / Administrative Executive, Greater Asia Communications Pte. Ltd., November 2020 - December 2024

Business Development Manager, Wechain FinTech, May 2020 - November 2020

Personal Assistant to Chief Executive Officer / Secretary, Dai-ichi Life Holdings, Inc., May 2017 - April 2020
Shareholding interest in the listed issuer and its subsidiaries
No
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Conflict of interest (including any competing business)
None
Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer
Yes
Other Principal Commitments* Including Directorships#
* "Principal Commitments" has the same meaning as defined in the Code of Corporate Governance.
# These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8).
Past (for the last 5 years)
Marketing Bridging Specialist / Administrative Executive, Greater Asia Communications Pte. Ltd., November 2020 - December 2024

Business Development Manager, Wechain FinTech, May 2020 - November 2020
Present
Director / Chief Executive Officer, Giga Orca Pte. Ltd., December 2024 - Present

Director, Ascendro Group, July 2025 - Present
Information Required
Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is "yes", full details must be given.
(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
Disclosure applicable to the appointment of director only.
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange.
Ms. Dangi Maio has completed the BOD Masterclass Programme jointly conducted by the Institute of Singapore Chartered Accountants and SAC Capital Private Limited. The programme covered listed company fundamentals, corporate governance, corporate actions, directors' regulatory responsibilities, risk management and audit, financial statement analysis, sustainability, and board committee responsibilities.
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).
Ms. Dangi Maio has completed the BOD Masterclass Programme jointly conducted by the Institute of Singapore Chartered Accountants and SAC Capital Private Limited, as well as the Sustainability E-Training for Directors offered by the Institute of Singapore Chartered Accountants. The training covered the roles and responsibilities of directors of Singapore-listed companies, including listed company fundamentals, corporate governance, regulatory compliance, corporate actions, financial statement analysis, risk management, audit, sustainability and board committee oversight. Having considered the scope of the training completed, the Nominating Committee is satisfied that Ms. Dangi Maio has received relevant training for her appointment as a director of the Company.