Change - Announcement of Cessation::Stepping down of Non-Executive and Independent Director - Ms Jessica Tan Soon Neo

Issuer & Securities

Issuer/ Manager
SATS LTD.
Securities
SATS LTD. - SG1I52882764 - S58
SATS LTD S$300M2.45%N320806 - SGXF82221767 - Q58B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Dec-2025 17:31:37
Status
New
Announcement Sub Title
Stepping down of Non-Executive and Independent Director - Ms Jessica Tan Soon Neo
Announcement Reference
SG251230OTHRXLED
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)
Stepping down of Ms Jessica Tan Soon Neo as Non-Executive and Independent Director

Additional Details

Name of person
Jessica Tan Soon Neo
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date.
31/12/2025
Detailed reason(s) for cessation
Ms Jessica Tan, a Non-Executive and Independent Director of the Company, will be stepping down from the Board with effect from 31 December 2025, as she would have reached the nine-year term of service as an Independent Director in April 2026. Ms Tan was first appointed to the Board on 17 April 2017.
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
17/04/2017
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
- Non-Executive and Independent Director
- Chairperson, Nominating 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
3
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
78,786 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_JT.pdf
Total size =43K