Change - Announcement of Cessation::Resignation of Lead Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
RIVERSTONE HOLDINGS LIMITED
Securities
RIVERSTONE HOLDINGS LIMITED - SG1U22933048 - AP4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Dec-2021 18:30:25
Status
New
Announcement Sub Title
Resignation of Lead Independent Non-Executive Director
Announcement Reference
SG211223OTHRFM4F
Submitted By (Co./ Ind. Name)
Wong Teek Son
Designation
Executive Chairman & Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Riverstone Holdings Limited (the "Company") would like to announce the resignation of Mr Low Weng Keong as a Lead Independent Non-Executive Director of the Company on 31 December 2021, being the last day of service in the Company.

Additional Details

Name Of Person
Low Weng Keong
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2021
Detailed Reason (s) for cessation
Mr Low Weng Keong resigned as a Lead Independent Non-Executive Director of the Company on 31 December 2021 as part of board rejuvenation, having served on the Board for more than 9 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
02/10/2006
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)
1
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 Non-Executive Director, Chairman of the Audit Committee
Role and responsibilities
Fulfilling the responsibilities of a Lead Independent Non-Executive Director and Chairman of Audit 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)
NTUC Education and Training Fund (Member of Board of Trustees) (till October 2019)
Confederation of Asian and Pacific Accountants Limited (Board Member) (till May 2019)
Present
UOL Group Limited
Haw Par Corporation Limited
iX Biopharma Limited
Aquarius Investment Advisors Pte. Ltd.
Singapore Institute of Accredited Tax Practitioners Limited