Change - Announcement of Cessation::Cessation of Chief Technology Officer

Issuer & Securities

Issuer/ Manager
REX INTERNATIONAL HOLDING LIMITED
Securities
REX INTERNATIONAL HOLDING LTD - SG2G04994999 - 5WH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Apr-2026 17:32:56
Status
New
Announcement Sub Title
Cessation of Chief Technology Officer
Announcement Reference
SG260402OTHRI4ND
Submitted By (Co./ Ind. Name)
John d'Abo
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Cessation of Mrs Lina Berntsen as Chief Technology Officer ("CTO") of the Rex Group.

Additional Details

Name of person
Lina Berntsen
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date.
02/04/2026
Detailed reason(s) for cessation
The Group is streamlining its operations and given the Group's reduced usage of the Rex Virtual Drilling technology (mainly for offshore exploration assets) for which Mrs Berntsen is responsible, a decision has been made that a CTO is no longer necessary. The Board and Management would like to express our appreciation for her contributions to 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
01/08/2013
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Technology Officer
Role and responsibilities
Coordinates the use of Rex Technologies, including Rex Virtual Drilling, for the Group.
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
No
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mrs Lina Berntsen is the daughter of substantial shareholder Mr Hans Lidgren, sister of Non-Independent Non-Executive Director Dr Mathias Lidgren, and niece of substantial shareholder Dr Karl Lidgren.
Other Directorships
Past (for the last 5 years)
Nil
Present
Equus Consulting AB