Change - Announcement of Cessation::Cessation of Mr. Chan Pengee Adrian as a Lead Independent Director

Issuer & Securities

Issuer/ Manager: YOMA STRATEGIC HOLDINGS LTD.
Securities: YOMA STRATEGIC HOLDINGS LTD - SG1T74931364 - Z59
Stapled Security: No

Announcement Details

Announcement Title: Change - Announcement of Cessation
Date &Time of Broadcast: 19-Dec-2021 16:18:36
Status: New
Announcement Sub Title: Cessation of Mr. Chan Pengee Adrian as a Lead Independent Director
Announcement Reference: SG211219OTHRIP6T
Submitted By (Co./ Ind. Name): Melvyn Pun
Designation: Chief Executive Officer
Description (Please provide a detailed description of the event in the box below): Cessation of Mr. Chan Pengee Adrian as a Lead Independent Director

Additional Details

Name Of Person: Chan Pengee Adrian
Age: 57
Is effective date of cessation known?: Yes
If yes, please provide the date: 31/12/2021
Detailed Reason (s) for cessation: Mr. Adrian Chan has been a Non-Executive Independent Director of the Company for more than 10 years. Mr. Adrian Chan has decided to step down to facilitate board renewal.

Following his resignation on 31 December 2021, Mr. Adrian Chan also ceased to be the Chairman of Nominating and Governance Committee and a member of the Remuneration Committee.
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 provide full details: The Company would like to record its appreciation to Mr. Adrian Chan for his invaluable contributions to the Company during his tenure and wish him well for his future.
Date of Appointment to current position: 17/08/2006
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): 4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months: 1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.): Lead Independent Director, Chairman of Nominating and Governance Committee and a member of the Remuneration Committee of the Company
Role and responsibilities: Independent Non-Executive, Chairman of Nominating and Governance Committee and a member of the Remuneration Committee of the Company
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?: Yes
Shareholding Details: 745,681 shares and 250,000 share awards
Past (for the last 5 years): Nobel Design Holdings Ltd
Global Investments Limited
Present: Ascendas Funds Management (S) Limited
Hong Fok Corporation Limited
AEM Holdings Ltd
Best World International Limited
First REIT Management Limited

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