Change - Announcement of Cessation::Announcement of Cessation of Service of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
SINGAPORE AIRLINES LIMITED
Securities
SIA S$700M3.035%N250411 - SG7AG1000009 - 6S1B
SIA S$700M3.13%N270823 - SG7FH2000005 - 7J1B
SIA S$600M3.16%N231025 - SGXF82409008 - Z7VB
SIA S$750M 3.03% B 240328 - SGXF93746596 - SQ1B
SIA MCB S$3.496B Z300608 - SGXF17205307 - WPOB
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
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-May-2021 17:19:43
Status
New
Announcement Sub Title
Announcement of Cessation of Service of Chief Financial Officer
Announcement Reference
SG210519OTHRFUUQ
Submitted By (Co./ Ind. Name)
Brenton Wu
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Service of Chief Financial Officer

Additional Details

Name Of Person
Stephen Barnes
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2021
Detailed Reason (s) for cessation
Retirement from Singapore Airlines Limited
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
20/01/2014
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)
6
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.)
Senior Vice President Finance
Role and responsibilities
Responsible for the overall financial functions of the SIA Group, including accounting, taxation, treasury, financial reporting, risk management, insurance and investor relations.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Singapore Airlines Limited ("SIA")
235,266 ordinary shares
SIA Equity Compensation Plans:
(i) Performance Shares*
73,418 (Base Award)
(ii) Restricted Shares**
37,000 (Base Award)
17,381 (Final Share Award Pending Release)
(iii) Deferred Share Award**
8,842 (Base Award)
(iv) Transformation Share Award**
4,400 (Final Share Award Pending Release)
(v) Strategic Share Award**
39,300 (Base Award)
24,900 (Final Share Award Pending Release)
*pursuant to the SIA Performance Share Plan 2014
*pursuant to the SIA Restricted Share Plan 2014
Past (for the last 5 years)
Nil
Present
Chairman: Singapore Aviation and General Insurance Company (Pte) Limited
Director: Budget Aviation Holdings Pte. Ltd.
Director: RCMS Properties Private Limited