Change - Announcement of Cessation::Retirement of Independent Director - Mr Lim Sim Seng

Issuer & Securities

Issuer/ Manager
RAFFLES MEDICAL GROUP LTD
Securities
RAFFLES MEDICAL GROUP LTD - SG1CH4000003 - BSL
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Apr-2026 06:25:13
Status
New
Announcement Sub Title
Retirement of Independent Director - Mr Lim Sim Seng
Announcement Reference
SG260401OTHRAJX6
Submitted By (Co./ Ind. Name)
Kimmy Goh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Lim Sim Seng as a Non-Executive and Independent Director of the Company.

Additional Details

Name of person
Lim Sim Seng
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date.
24/04/2026
Detailed reason(s) for cessation
Mr Lim Sim Seng (Mr Lim) will be retiring from the Board upon the conclusion of the Annual General Meeting of the Company to be held on 24 April 2026.

Upon Mr Lim's retirement as a Director of the Company, he will cease to be a member of the Audit & Risk Committee.

The Board of Directors and the Company would like to record our appreciation to Mr Lim for his invaluable contributions and guidance during his tenure as an Independent Director of 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?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of appointment to current position
01/08/2023
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director and Audit & Risk Committee Member


Role and responsibilities
Non-Executive and Independent Director
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of independent directors currently resident in Singapore (taking into account this cessation)
5
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
340,000 share options (vested and unvested) granted pursuant to the RMG ESOS 2020
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)
1. Building and Construction Authority (Chairman and Non-Executive Board Member)
2. DBS Securities (Japan) Co., Ltd. (Director)
3. DBS Vickers Securities Holdings Pte Ltd (Chairman)
4. Nikko Asset Management Co., Ltd (Director)
5. Singapore Land Authority (Chairman)
6. Singapore Technologies Engineering Ltd
(Non-Executive and Independent Director)

Present
1. Raffles Medical Group Ltd (Independent Director)
2. IOI Properties Group Berhad (Non-Executive and Independent Director)
3. High Commissioner (Non-Resident) to the Federal Republic of Nigeria
4. Trust Capital Group (Non-Executive and Independent Director)