Change - Announcement of Cessation::Retirement of Board Chairman and Director

Issuer & Securities

Issuer/ Manager
DBS GROUP HOLDINGS LTD
Securities
DBS GROUP HOLDINGS LTD - SG1L01001701 - D05
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Nov-2026 06:57:28
Status
New
Announcement Sub Title
Retirement of Board Chairman and Director
Announcement Reference
SG261105OTHRNK5I
Submitted By (Co./ Ind. Name)
TEOH CHIA-YIN
Designation
GROUP SECRETARY
Description (Please provide a detailed description of the event in the box below)
Retirement of Board Chairman and Director - Mr Peter SEAH Lim Huat

Additional Details

Name of person
Peter SEAH Lim Huat
Age
80
Is effective date of cessation known?
Yes
If yes, please provide the date.
31/12/2026
Detailed reason(s) for cessation
Mr Peter Seah will be retiring from the Board on 31 December 2026 as part of the ongoing Board renewal process. Mr Anthony Lim, an existing independent director of DBS Group Holdings Ltd, will assume the chairmanship on 1 January 2027.
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
16/11/2009
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Board Chairman (appointed on 1 May 2010)
Chairman of Board Exco
Member of AC, BRMC, BTC, CMDC and NC
Role and responsibilities
Chairman, Non-Executive and Non-Independent Director
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)
5
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
0
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
404,425 ordinary shares in DBS Group Holdings Ltd
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)
1. Fullerton Financial Holdings Pte. Ltd., Deputy Chairman
2. National Wages Council, Chairman
Present
1. DBS Bank Ltd., Chairman
2. DBS Bank (Hong Kong) Limited, Chairman
3. Singapore Airlines Limited, Chairman
4. GIC Private Limited, Director
5. LaSalle College of the Arts Limited, Chairman
6. Council of Presidential Advisers, Member
7. University of the Arts Singapore Ltd., Director

Attachments

DBS names Anthony Lim as incoming Board Chairman.pdf
Total size =189K