Change - Announcement of Cessation::THE DEMISE OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Jun-2026 15:10:57
Status
New
Announcement Sub Title
THE DEMISE OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR
Announcement Reference
SG260620OTHRTOJ0
Submitted By (Co./ Ind. Name)
TAN KHAI PANG
Designation
CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Demise of Mr Paul Clark Burke, a Non-Executive and Non-Independent Director of the Company.

Additional Details

Name of person
Paul Clark Burke
Age
82
Is effective date of cessation known?
Yes
If yes, please provide the date.
19/06/2026
Detailed reason(s) for cessation
Mr Paul Clark Burke passed away on Friday morning, 19 June 2026 (Singapore time).

The Board, Management and all staff of the Company expresses its deepest sorrow over the death of Mr Paul Clark Burke and conveys heartfelt condolences to his family. Mr Paul Clark Burke made significant contributions to the Company, not only during his tenure as a member of the Board but over an extended period prior to this engagement. His contributions and commitment to the business will always be remembered.
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
29/09/2020
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director
Role and responsibilities
Non-Executive and Non-Independent Director
Board member
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
3
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
192,726,406 ordinary shares
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)
CEO and Director of Konnectronix Inc, USA
Company Secretary and Director of Vanguard Protex Global, Inc., USA
Present
CEO and Director of Konnectronix Inc, USA
Company Secretary and Director of Vanguard Protex Global, Inc., USA