Change - Announcement of Cessation::Cessation of a Board Director

Issuer & Securities

Issuer/ Manager
REX INTERNATIONAL HOLDING LIMITED
Securities
REX INTERNATIONAL HOLDING LTD - SG2G04994999 - 5WH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Feb-2026 07:17:03
Status
New
Announcement Sub Title
Cessation of a Board Director
Announcement Reference
SG260219OTHRL9QR
Submitted By (Co./ Ind. Name)
John d'Abo
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Resignation of Beverley Ann Smith ("Ms Smith") as Independent Non-Executive Director

Additional Details

Name of person
Beverley Ann Smith
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date.
12/02/2026
Detailed reason(s) for cessation
The Company received a formal letter of resignation from Ms Smith on 17 February 2026 indicating an effective date of 12 February 2026.

Ms Smith has resigned as Independent Non-Executive Director of the Company. Following her resignation, she will relinquish her directorships in the Company's subsidiaries. The Board and Management would like to thank Ms Smith for her contributions and guidance to the Board and 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?
Yes
If yes, please elaborate.
Ms Smith has resigned as she has raised certain concerns regarding the review and approval process in relation to certain contracts entered into by a subsidiary of the Company. The Company takes these concerns seriously and these matters are currently under review. No conclusions have yet been reached. The Company will provide further updates, where appropriate, in due course.
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 Non-Executive Director
Role and responsibilities
Independent Non-Executive Director with oil & gas industry expertise; also an independent Board member of the Company's subsidiaries Lime Petroleum Holding AS, Masirah Oil Ltd and Rex Oman Ltd.
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)
2
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
None
Other Directorships
Past (for the last 5 years)
Cornerstone Resources Group Ltd Hurricane Energy Plc
Present
Touchstone Exploration Inc.