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

Issuer & Securities

Issuer/ Manager
OUE REIT MANAGEMENT PTE. LTD.
Securities
OUE REIT - SG2G60000004 - TS0U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Oct-2026 18:33:46
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director
Announcement Reference
SG261030OTHRLT9T
Submitted By (Co./ Ind. Name)
Kelvin Chua
Designation
Company Secretary, OUE REIT Management Pte. Ltd. (as Manager of OUE REIT)
Description (Please provide a detailed description of the event in the box below)
Cessation of Ms Usha Ranee Chandradas as Independent Non-Executive Director of OUE REIT Management Pte. Ltd. (the "Manager"). Following her cessation, Ms Usha Ranee Chandradas will also cease to serve as a member of the Audit and Risk Committee (the "ARC") and the Nominating and Remuneration Committee (the "NRC").

Additional Details

Name of person
Usha Ranee Chandradas
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date.
01/11/2026
Detailed reason(s) for cessation
Ms Usha Ranee Chandradas will be stepping down from the board of Directors of the Manager (the "Board") after serving for more than 8 years since 8 November 2017. Her departure is part of the Board renewal process as she will be reaching the 9-year tenure limit for independent directors in November 2026.
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
08/11/2017
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, member of the ARC and member of the NRC
Role and responsibilities
Independent Director, member of the ARC and member of the NRC
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
0
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
Nil
Other Directorships
Past (for the last 5 years)
Nil
Present
1. OUE Healthcare Limited
2. (Plu)ral Art LLP (Partner)
3. NUR Investment and Trading Pte Ltd
4. Intellectual Property Office of Singapore (Member of the Board)
5. Pro Bono SG (Member of the Board)