Change - Announcement of Cessation::Cessation of Chief Executive Officer - Herry Pudjianto

Issuer & Securities

Issuer/ Manager
MEDI LIFESTYLE LIMITED
Securities
MEDI LIFESTYLE LTD - SGXE63978766 - Z4D
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Jul-2026 20:18:33
Status
New
Announcement Sub Title
Cessation of Chief Executive Officer - Herry Pudjianto
Announcement Reference
SG260717OTHRAEIF
Submitted By (Co./ Ind. Name)
Tan Lee Seng
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Herry Pudjianto as Chief Executive Officer.

This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited ("Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Ms. Lee Khai Yinn, at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542, telephone: (65) 6232 3210.

Additional Details

Name of person
Herry Pudjianto
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date.
17/07/2026
Detailed reason(s) for cessation
There has been a change in the controlling shareholders of the Company, resulting in a corresponding change in the composition of the Management. In connection with this, Mr Herry Pudjianto ("Mr Herry"), will cease to be the Chief Executive Officer of the Company with effect from 17 July 2026 and his last day of employment would be on 31 July 2026, as mutually agreed between Mr Herry and the Company. Mr Herry will also cease to be the director of Global Agriculture Product Pte. Ltd., a wholly-owned subsidiary of the Group, with effect from 17 July 2026.

The Board would like to express its appreciation towards Mr Herry for his invaluable contributions during his tenure as the Chief Executive Officer of the Company.

The Sponsor, after having interviewed Mr Herry, is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Mr Herry as the Chief Executive Officer of the Company.
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
27/02/2024
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer
Role and responsibilities
Responsible for the overall management and execution of the Group's strategic objectives, including overseeing business development, driving corporate growth and expansion initiatives, and leading the Group's performance and corporate planning activities.
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
2
Shareholding interest in the listed issuer and its subsidiaries
No
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)
Within the Group:
Medi Lifestyle Limited
Global Agriculture Product Pte. Ltd.

Outside the Group:
Rent Tycoons Pte. Ltd.
Digicult Asia Pte. Ltd.
Lingholm Pte. Ltd.
Present
Outside the Group:
Kavio Pte Ltd
Investagro Pte. Ltd.
Tetra Commodity Pte. Ltd.