Change - Announcement of Cessation::Retirement of Non-Executive Independent Director - Kishore Mahbubani

Issuer & Securities

Issuer/ Manager
WILMAR INTERNATIONAL LIMITED
Securities
WILMAR INTERNATIONAL LIMITED - SG1T56930848 - F34
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Mar-2025 06:58:29
Status
New
Announcement Sub Title
Retirement of Non-Executive Independent Director - Kishore Mahbubani
Announcement Reference
SG250328OTHROU8P
Submitted By (Co./ Ind. Name)
Teo La-Mei
Designation
Director and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Non-Executive Independent Director - Kishore Mahbubani

Additional Details

Name Of Person
Kishore Mahbubani
Age
76
Is effective date of cessation known?
Yes
If yes, please provide the date
22/04/2025
Detailed Reason (s) for cessation
Mr Kishore Mahbubani, a Non-Executive and Independent Director of Wilmar International Limited, will be retiring from the Board of Directors at the conclusion of the upcoming Annual General Meeting on 22 April 2025, having reached the maximum nine-year term of service as an Independent Director. Mr Mahbubani was first appointed to the Wilmar Board on 1 January 2016.

Mr Mahbubani will cease to be the Chairman of the Board Sustainability Committee.

The Board deeply appreciates Mr Mahbubani's valuable contributions, stemming from his deep knowledge of geopolitics through a long and distinguished career in diplomacy and public policy.
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
01/01/2016
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
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, Chairman of Board Sustainability Committee.
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
(a) Deemed interest in 200,000 Wilmar ordinary shares held in name of a nominee company
(b) 1,500,000 Wilmar share options
Past (for the last 5 years)
Nil
Present
1. Zurich Insurance Group Limited
2. Aggregate Asset Management Pte Ltd