Change - Announcement of Cessation::Retirement of Yee Chia Hsing as Independent Director

Issuer & Securities

Issuer/ Manager
SUNPOWER GROUP LTD.
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2026 21:49:25
Status
New
Announcement Sub Title
Retirement of Yee Chia Hsing as Independent Director
Announcement Reference
SG260429OTHR2U5J
Submitted By (Co./ Ind. Name)
Lin Jiankai
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Yee Chia Hsing as Independent Director

Additional Details

Name of person
Yee Chia Hsing
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date.
29/04/2026
Detailed reason(s) for cessation
Mr. Yee Chia Hsing will be retiring as an Independent Non-Executive Director of the Company pursuant to Bye-Law 107(B) of the Bye-Laws of the Company as he was not re-elected at the AGM.
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?
Yes
If yes, please elaborate.
The Board of Directors wishes to express its appreciation to Mr Yee Chia Hsing for his valuable contributions and dedicated service to the Company during his tenure and wishes him well in his future endeavours.
Date of appointment to current position
30/04/2025
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of Audit Committee, Member of Remuneration Committee and Nominating Committee
Role and responsibilities
Non-Executive and Independent Director
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of independent directors currently resident in Singapore (taking into account this cessation)
1
Do independent directors make up at least one-third of the board (taking into account this cessation)?
Yes
Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months
3
Shareholding interest in the listed issuer and its subsidiaries
No
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Other Directorships
Past (for the last 5 years)
2014 - 2024: Lead Independent Director, First Sponsor Group Limited (Listed on Singapore Exchange)
2016 - 2021: Independent Non-Executive Director, Ezion Holdings Limited (Listed on Singapore Exchange)
2022 - 2024: Executive Director/CEO, Datapulse Technology Limited (Listed on Singapore Exchange)
Present
2023 - Present: Independent Director, Beng Kuang Marine Limited (Listed on Singapore Exchange)
2023 - Present: Independent Director and Audit Committee Chairman, Zhongmin Baihui Retail Group Ltd. (Listed on Singapore Exchange)
2024 - Present: Independent Director and Audit Committee Chairman, Yangzijiang Shipbuilding (Holdings) Ltd. (Listed on Singapore Exchange)
2024 - Present: Independent Director, Union Gas Holdings Limited (Listed on Singapore Exchange)
2024 - Present: Independent Director and Audit Committee Chairman, Hiap Tong Corporation Ltd. (Listed on Singapore Exchange)
2025 - Present: Director, Danuri Capital Pte Ltd.
2025 - Present: Director, Danuri Crown Pte Ltd.