Change - Announcement of Cessation::Retirement of Lead Independent Director - Mr Wan Tai Foong

Issuer & Securities

Issuer/ Manager
NEW TOYO INTERNATIONAL HOLDINGS LTD
Securities
NEW TOYO INT HLDGS LTD - SG1E32850828 - N08
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Apr-2026 07:36:13
Status
New
Announcement Sub Title
Retirement of Lead Independent Director - Mr Wan Tai Foong
Announcement Reference
SG260410OTHRU50F
Submitted By (Co./ Ind. Name)
Lee Wei Hsiung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Wan Tai Foong as the Lead Independent Director of the Company

Additional Details

Name of person
Wan Tai Foong
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date.
28/04/2026
Detailed reason(s) for cessation
Mr Wan Tai Foong ("Mr Wan") is due for retirement by rotation pursuant to Regulation 109 of the Company's Constitution at the forthcoming Annual General Meeting ("AGM") and will not be seeking re-election as part of the Board renewal process. He will retire from the Board at the conclusion of the AGM and will, upon his retirement, relinquish his roles as the Lead Independent Director, Chairman of the Audit Committee and a member of the Remuneration Committee.

The Board would like to express its heartfelt gratitude towards Mr Wan for his dedicated service and invaluable contributions to the Company during his tenure of service.
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
01/08/2019
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Audit Committee and a member of the Remuneration Committee
Role and responsibilities
Roles and responsibilities of the Lead Independent Director, Chairman of the Audit Committee and a member of the 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)
4
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
No
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Other Directorships
Past (for the last 5 years)
1. OneApex Limited
Present
1. ASTI Holdings Limited - Independent Director
2. NutryFarm International Limited - Independent Director
3. Qi Capital Pte. Ltd. - Chief Executive Officer