General Announcement::CHANGES TO BOARD OF DIRECTORS AND BOARD COMMITTEES

Issuer & Securities

Issuer/ Manager
SINARMAS LAND LIMITED
Securities
SINARMAS LAND LIMITED - SG1E97853881 - A26
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
17-Apr-2024 18:27:40
Status
New
Announcement Sub Title
CHANGES TO BOARD OF DIRECTORS AND BOARD COMMITTEES
Announcement Reference
SG240417OTHRQSVB
Submitted By (Co./ Ind. Name)
Kimberley Lye Chor Mei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors ("Board") of Sinarmas Land Limited (the "Company") wishes to announce the following appointments, effective 24 April 2024:

(A) Appointment of Non-executive Independent Director

The appointment of Mr Irhoan Tanudiredja ("Mr Tanudiredja") as a Non-executive Independent Director of the Company.

Mr Tanudiredja has almost 40 years' experience in public accounting and financial reporting, including external, internal, and compliance audits, before retiring in 2023. Mr Tanudiredja was PwC Indonesia's Entrepreneur & Private Business (EPB) Unit Leader & Client Service (July 2020 - June 2023), and Firm Managing Partner (CEO/President Director) & Client Service (July 2009 - June 2020). He joined KAP Tanudiredja, Wibisana, Rintis & Rekan, an Indonesian member firm of the PwC global network, in 1985.

Mr Tanudiredja is a Certified Public Accountant (Indonesia), a member of CPA Australia, and a member of the Association of Chartered Certified Accountants. He graduated with a Bachelor of Economics (Accountancy major) degree from the University of Catholic Parahyangan, Bandung, Indonesia in 1986.

For purposes of Rule 704(8) of the listing manual of the Singapore Exchange Securities Trading Limited ("Listing Manual"), Mr Tanudiredja is considered independent by the Board.

Details on the appointment of Mr Tanudiredja as required under Rule 703(7) of the Listing Manual are set out in a separate announcement released today.

(B) Appointment / Changes to Board Committees

(i) Audit Committee ("AC")

The appointment of Mr Tanudiredja as a member of the AC.

(ii) Nominating Committee ("NC")

The appointment of Mr Willy Shee Ping Yah ("Mr Shee") as a member and chairman of the NC.

(iii) Remuneration Committee ("RC")

The appointment of (1) Mr Lim Jun Xiong, Steven ("Mr Lim"), a current RC member, as RC chairman; and (2) Mr Ng Ee Peng and Ms Margaretha Natalia Widjaja as RC members.

Mr Shee, will step down as RC chairman and remain as RC member.

(C) Appointment as Lead Independent Director

The appointment of Mr Lim, who joined the Board on 6 May 2020, as Lead Independent Director.

(D) Composition of Board and Board Committees

Following changes as set out above, the Board and Board Committees will comprised of the following members:

Board:
Mr Franky Oesman Widjaja - Executive Chairman
Mr Muktar Widjaja - Executive Director and Chief Executive Officer
Ms Margaretha Natalia Widjaja - Executive Director
Mr Ferdinand Sadeli - Executive Director and Chief Investment Officer
Mr Robin Ng Cheng Jiet - Executive Director and Chief Financial Officer
Mr Lim Jun Xiong, Steven - Non-executive Independent Director & Lead Independent Director
Mr Willy Shee Ping Yah - Non-executive Independent Director
Mr Ng Ee Peng - Non-executive Independent Director
Mr Irhoan Tanudiredja - Non-executive Independent Director


Board Committees:

Audit Committee:
Mr Lim Jun Xiong, Steven - Chairman
Mr Willy Shee Ping Yah - Member
Mr Irhoan Tanudiredja - Member

Nominating Committee:
Mr Willy Shee Ping Yah - Chairman
Mr Lim Jun Xiong, Steven - Member
Mr Franky Oesman Widjaja - Member

Remuneration Committee:
Mr Lim Jun Xiong, Steven - Chairman
Mr Willy Shee Ping Yah - Member
Mr Ng Ee Peng - Member
Ms Margaretha Natalia Widjaja - Member


By Order of the Board
SINARMAS LAND LIMITED



Robin Ng Cheng Jiet
Director
17 April 2024