Change - Announcement of Appointment::Change - Announcement of Appointment

Issuer & Securities

Issuer/ Manager
MONEYMAX FINANCIAL SERVICES LTD.
Securities
MONEYMAX FINANCIAL SERVICESLTD - SG2G06995143 - 5WJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
18-Mar-2026 20:40:54
Status
New
Announcement Sub Title
Change - Announcement of Appointment
Announcement Reference
SG260318OTHRUP79
Submitted By (Co./ Ind. Name)
Lim Yong Guan
Designation
Executive Chairman & CEO
Description (Please provide a detailed description of the event in the box below)
Promotion of Mr Lim Chun Seng to Group Deputy Chief Operating Officer.

This announcement has been prepared by MoneyMax Financial Services Ltd. (the "Company") and has beenreviewed by the Company's sponsor, United Overseas Bank Limited (the "Sponsor"), for compliance withRules 226(2)(b) and 753(2) of the Singapore Exchange Securities Trading Limited ( SGX-ST ) Listing ManualSection B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and theSGX-ST assumes no responsibility for the contents of this announcement, including the correctness of anyof the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lim Hoon Khiat, Senior Director, Equity Capital Markets, who canbe contacted at 80 Raffles Place, #03-03 UOB Plaza 1, Singapore 048624, telephone:+65 6533 9898.

Additional Details

Date of appointment
27/03/2026
Name of person
Lim Chun Seng
Age
33
Country of principal residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The nominating committee ("NC") of the Company has reviewed Mr Lim Chun Seng's ("Mr Lim") professional qualifications and working experience and noted the achievements and good results he has shown since he joined the Company and its subsidiaries(the "Group") in 2018 and recommends his promotion from Group General Manager to Group Deputy Chief Operating Officer. The Board of Directors of the Company ("Board") is satisfied that Mr Lim has the requisite experience and capabilities and has approved the promotion of Mr Lim as recommended by the NC. The Board also views Mr Lim to be part of the succession planning of the Group.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive. Mr Lim will be responsible for supporting the Chief Operating Officer in overseeing the Group's operations and executing strategic initiatives.
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Deputy Chief Operating Officer
Professional qualifications
Bachelor of Law LLB, University of Birmingham
Working experience and occupation(s) during the past 10 years
Trainee Lawyer, RHTLaw Asia (December 2017 - June 2018)
Head of MoneyMax Leasing and MoneyMax Assurance Agency (June 2018 - January 2021)
General Manager of MoneyMax Leasing and MoneyMax Assurance Agency (February 2021 - February 2022)
General Manager of MoneyMax Leasing and MoneyMax Malaysia (February 2022 - January 2023)
Group General Manager (February 2023 - Present)
Shareholding interest in the listed issuer and its subsidiaries
No
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Son of Dato' Sri Dr. Lim Yong Guan, the Executive Chairman and Chief Executive Officer and a controlling shareholder of the Company and Mdm Tan Yang Hong, the Chief Operating Officer of the Group, and nephew of Mr Lim Yong Sheng, the Non-Executive Director and a controlling shareholder of the Company, Mdm Lim Liang Eng, a controlling shareholder of the Company, and Mdm Lim Liang Soh, the Deputy General Manager, Pawnbroking and Retail of the Group.
Conflict of interest (including any competing business)
No
Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer
Yes
Other Principal Commitments* Including Directorships#
* "Principal Commitments" has the same meaning as defined in the Code of Corporate Governance.
# These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8).
Past (for the last 5 years)
Nil
Present
Nil
Information Required
Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is "yes", full details must be given.
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of:-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere,
in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Disclosure applicable to the appointment of director only.
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange.
Not applicable
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable).
Not applicable