Change - Announcement of Cessation::Cessation of Non-Executive Director - Mr. Yutaka Kyoya

Issuer & Securities

Issuer/ Manager
OLAM INTERNATIONAL LIMITED
Securities
OLAM INTERNATIONAL LIMITED - SG1Q75923504 - O32
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-May-2020 17:42:57
Status
New
Announcement Sub Title
Cessation of Non-Executive Director - Mr. Yutaka Kyoya
Announcement Reference
SG200520OTHRUDBD
Submitted By (Co./ Ind. Name)
Michelle Tanya Kwek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Yutaka Kyoya as Non-Executive Director.

Additional Details

Name Of Person
Yutaka Kyoya
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
20/05/2020
Detailed Reason (s) for cessation
Retiring from Olam's Board due to his change in responsibilities within Mitsubishi Corporation.
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
01/11/2015
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
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Member of AC
Member of CRSC
Member of GNC
Role and responsibilities
As above.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Mitsubishi Shokuhin Co, Ltd. (Non-Executive Director)
Thai Union Group Public Company Limited. (Non-Executive Director)
Mitsubishi Corporation (Senior Vice President and Chief Operating Officer, Living Essential Resources Division)
Present
Mitsubishi Corporation (Executive Vice President and Group CEO, Consumer Industry Group)
Lawson, Inc (Director)