Change - Announcement of Cessation::Cessation of appointment of Director

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS BANK LIMITED
Securities
UNITED OVERSEAS BANK LIMITED - SG1M31001969 - U11
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Dec-2021 22:31:27
Status
New
Announcement Sub Title
Cessation of appointment of Director
Announcement Reference
SG211217OTHRX5TJ
Submitted By (Co./ Ind. Name)
Joyce Sia
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of appointment of Director

Additional Details

Name Of Person
Ong Yew Huat
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
01/01/2022
Detailed Reason (s) for cessation
Mr Ong Yew Huat, who has been a director of UOB since 2 January 2013, will step down from the Board on 1 January 2022 when he would have served as an independent director of UOB for nine years.
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
02/01/2013
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.)
Independent Director
Role and responsibilities
Chairman of the Audit Committee, Member of the Board Risk Management Committee and Executive Committee.
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?
No
Past (for the last 5 years)
Refer to Annex 1
Present
Refer to Annex 1

Attachments

Annex 1_Ong Yew Huat.pdf
Total size =8K