Change - Announcement of Cessation::UPDATE - CESSATION OF NON-EXECUTIVE AND INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Nov-2025 07:46:24
Status
New
Announcement Sub Title
UPDATE - CESSATION OF NON-EXECUTIVE AND INDEPENDENT DIRECTOR
Announcement Reference
SG251111OTHRJQ4Q
Submitted By (Co./ Ind. Name)
TAN KHAI PANG
Designation
CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Reference to SGX announcement SG250827OTHRBU09 on 27 Aug 2025

Update of new cessation date of Ms Goh Liang Choo as Non-Executive and Independent Director from 15 November 2025 to 11 November 2025.

Additional Details

Name of person
GOH LIANG CHOO
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date.
11/11/2025
Detailed reason(s) for cessation
In view that the Company has appointed a new Audit and Risk Committee Chairman to take over from Ms Goh, Ms Goh's date of cessation will be 11 November 2025 instead of 15 November 2025, as mutually agreed between Ms Goh and the Company.
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?
Yes
If yes, please elaborate.
Please refer to the 'Detailed reason(s) for cessation' on SGX announcement SG250827OTHRBU09 dated on 27 Aug 2025
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of appointment to current position
10/11/2022
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director
Chairman of Audit & Risk Committee and
Member of Nominating & Remuneration Committee
Role and responsibilities
Roles and responsibilities of Non-Executive and Independent Director,
Chairman of Audit & Risk Committee and
Member of Nominating & Remuneration Committee
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)
2
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
1
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding details
$19,500 convertible loan notes and
1,500,000 warrants
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)
Director of Shell Catalysts & Technologies Pte. Ltd. (15 Jul 2012 to 26 Nov 2021)
Present
Nil