Change - Announcement of Cessation::Resignation of Executive Chairman

Issuer & Securities

Issuer/ Manager
TOTM TECHNOLOGIES LIMITED
Securities
TOTM TECHNOLOGIES LIMITED - SG1BF8000005 - 42F
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Apr-2026 21:00:07
Status
New
Announcement Sub Title
Resignation of Executive Chairman
Announcement Reference
SG260414OTHRQMFK
Submitted By (Co./ Ind. Name)
Siek Wei Ting
Designation
Lead Independent Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Executive Chairman - Mr Pierre Prunier

This announcement has been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 83 Clemenceau Avenue, #10-01 UE Square, Singapore 239920, telephone (65) 6590 6881

Additional Details

Name of person
Prunier Pierre Olivier Marc Yves
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date.
30/04/2026
Detailed reason(s) for cessation
Mr Prunier Pierre Olivier Marc Yves ("Mr Pierre Prunier") has tendered his resignation as Executive Chairman to focus on his other business commitments and professional interests.

Mr Pierre Prunier assumed the role of Executive Chairman on 29 September 2025 following the departure of the former Chief Executive Officer, with the primary objective of providing leadership and stability to the Company during a period of transition. Having supported the Company through this phase and put in place measures to stabilise operations and governance, Mr Pierre Prunier has decided to step down from his role.

The Board will commence a process to identify a suitable successor to lead the Company in its next phase of growth and development. Mr Pierre Prunier's 6-month notice period as Executive Chairman has been mutually shortened by the Board and Mr Pierre Prunier, who will continue in his role during his notice period until 30 April 2026 to facilitate an orderly handover of his duties and responsibilities. A further announcement will be made as and when a suitable candidate is appointed to fill the vacancy of Executive Director.

Based on its enquiries, the Company's Sponsor, UOB Kay Hian Private Limited, is satisfied that, save as disclosed in the announcement, there are no other material reasons for the resignation of Mr Pierre Prunier as the Executive Chairman.
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
29/09/2025
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman
Role and responsibilities
Executive. Mr Pierre Prunier is responsible for the Group's overall business, strategic direction and planning, investment, acquisition, partnership, as well as the daily operations.
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)
3
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
4
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
Mr Pierre Prunier is deemed to be interested in 100,214,910 ordinary shares registered in the name of a nominee account of DBS Nominees Pte. Ltd.. He also holds 13,200,000 share options under the Company's Employee Share Option Scheme.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Other Directorships
Past (for the last 5 years)
1. Chew & Cheng Pte. Ltd.
2. Duta Holdings, LLC
3. IZY Dining and Bar Pte. Ltd.
4. IZY Fook Pte. Ltd.
5. IZY Sushi Pte. Ltd.
6. Licker and Sake Pte. Ltd.
7. Royal Coffee Investment Pte Ltd
8. TECH 5 SA (an associated company of the Group)
Present
1. Duta Holdings LLC
2. Duta Holdings Pte. Ltd.
3. International Biometrics Pte. Ltd. (a subsidiary of the Group)
4. Nature's Vault Pte. Ltd.
5. Nature's Vault (Singapore) Pte. Ltd.
6. Newbury Pte. Ltd.
7. Plum and Toro Pte. Ltd.
8. Prundjaya Capital Pte. Ltd.
9. PT. Griya Sira Indah
10. PT. Wahana Newbury Sira
11. Sawa EcoSolutions Pte. Ltd.
12. TOTM Labs Pte. Ltd. (formerly known as GenesisPro Pte. Ltd., a subsidiary of the Group)
13. TOTM Tech SG Pte. Ltd. (a subsidiary of the Group)
14. TOTM Tech India Private Limited (a subsidiary of the Group)
15. Identa T LLC (a subsidiary of the Group)
16. Metallic Acre Pte. Ltd.
17. Immerso Universe Technologies Sdn Bhd