Change - Announcement of Appointment::Appointment of Executive Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager: TOTM TECHNOLOGIES LIMITED
Securities: TOTM TECHNOLOGIES LIMITED - SG1BF8000005 - 42F
Stapled Security: No

Announcement Details

Announcement Title: Change - Announcement of Appointment
Date &Time of Broadcast: 12-May-2026 21:44:53
Status: New
Announcement Sub Title: Appointment of Executive Director and Chief Executive Officer
Announcement Reference: SG260512OTHRZ8WI
Submitted By (Co./ Ind. Name): Siek Wei Ting
Designation: Lead Independent Director
Description (Please provide a detailed description of the event in the box below): Appointment of Executive Director and Chief Executive Officer - Mr Chan Wei Jie (Zeng Wei Jie) ("Mr Chan")

This announcement has been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 83 Clemenceau Avenue, #10-01 UE Square, Singapore 239920, telephone (65) 6590 6881.

Additional Details

Date of appointment: 12/05/2026
Name of person: Chan Wei Jie (Zeng Wei Jie)
Age: 38
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 appointment of Mr Chan as Executive Director and Chief Executive Officer was reviewed and recommended by the Nominating Committee ("NC") and approved by the Board of Directors ("Board"), after taking into account his working experience and qualifications, and are of the view that he is suitable for the roles of Executive Director and Chief Executive Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility: Executive. Mr Chan will be responsible for the Group's strategic direction and daily operations.
Job title (e.g. Lead ID, AC Chairman, AC Member etc.): Executive Director and Chief Executive Officer
Professional qualifications: Bachelor of Accountancy, Nanyang Technological University
Chartered Accountant, Chartered Accountants Australia and New Zealand (CA ANZ)
Chartered Accountant, Institute of Singapore Chartered Accountants (ISCA)
Certified Internal Auditor, The Institute of Internal Auditors
Working experience and occupation(s) during the past 10 years: Sep 2025 to Present: TOTM Labs Pte. Ltd. - Head of TOTM Labs
Oct 2024 to Aug 2025: Quaranium - Southeast Asia Head
Sep 2021 to Oct 2024: PwC Singapore, Australia, Mainland China and Hong Kong - Director, Digital Assets Lead
Shareholding interest in the listed issuer and its subsidiaries: Yes
Shareholding details: Mr Chan holds 6,250,002 ordinary shares representing 0.41% of the total issued share capital of the Company. He also holds 18,749,998 share awards under the Company's Performance Share Plan.
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: Mr Chan is currently the Head of TOTM Labs Pte. Ltd., a wholly owned subsidiary of the Company.
Conflict of interest (including any competing business): No
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): Nil
Present: 1. Taishuang Pte. Ltd.
2. Henshuang Pte. Ltd.
3. Kwaasong Singapore Pte. Ltd.
4. LFG Pte. Ltd.
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.: The Company will make arrangement for Mr Chan to attend the training in the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange within one year from the date of his appointment to the Board.

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