Change - Announcement of Cessation::Retirement of Non-Executive and Independent Director - Ms Vinita Bali

Issuer & Securities

Issuer/ Manager
SATS LTD.
Securities
SATS LTD. - SG1I52882764 - S58
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Jun-2026 17:47:39
Status
New
Announcement Sub Title
Retirement of Non-Executive and Independent Director - Ms Vinita Bali
Announcement Reference
SG260605OTHRF28R
Submitted By (Co./ Ind. Name)
Low Siew Tian
Designation
Assistant Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Ms Vinita Bali as Non-Executive and Independent Director

Additional Details

Name of person
Vinita Bali
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date.
17/07/2026
Detailed reason(s) for cessation
Retirement upon conclusion of tenure at the 53rd Annual General Meeting of the Company to be held on 17 July 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
10/05/2021
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
- Non-Executive and Independent Director
- Chairperson, Safety, Sustainability and Risk Committee
- Member, Audit Committee
Role and responsibilities
Same as above
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
2
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
44,544 ordinary shares in SATS Ltd.
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)
Please refer to the attachment for the details
of past directorships
Present
Please refer to the attachment for the details
of present directorships

Attachments

Present_and_Past_Directorships_of_VB.pdf
Total size =385K