Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
UNUSUAL LIMITED
Securities
UNUSUAL LIMITED - SG1DF5000004 - 1D1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Jul-2026 19:13:10
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG260710OTHRQUVV
Submitted By (Co./ Ind. Name)
Leslie Ong Chin Soon
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Hong Leong Finance Limited.

It has not been examined or approved by the Exchange and the Exchange 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 details of the contact person for the Sponsor is Mr. Kaeson Chui, Vice President, at 16 Raffles Quay, #01-05 Hong Leong Building, Singapore 048581 Telephone (65) 64159886

Additional Details

Name of person
Tan Yew Chee William
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date.
27/07/2026
Detailed reason(s) for cessation
Mr. Tan Yew Chee William ("Mr. William Tan") has served on the Board of Directors ("Board") of the Company for more than nine (9) years. In view of the nine-year tenure limit for Independent Directors prescribed under Rule 406(3)(d)(iv) of the Catalist Rules, Mr. William Tan has decided to step down and resign upon the conclusion of the Company's Annual General Meeting to be held on 27 July 2026. Upon the resignation of Mr. William Tan, he will cease to be the Independent Director and will relinquish his position as Chairman of the Remuneration Committee and a member of the Audit Committee and Nominating Committee.

The Board, with the recommendations of the NC, will identify and appoint new Independent Directors to ensure that the composition of the Board and Board Committees of the Company with the requirements under the Catalist Rules and the Code of Corporate Governance 2018 within two months but no later than 3 months from 27 July 2026.

Hong Leong Finance Limited, after having interviewed Mr. William Tan is satisfied that other than disclosed in this announcement, there are no other reasons for the retirement of Mr. William Tan.

The Board would like to extend their appreciation to Mr. William Tan for his invaluable contribution to the Company during his tenure of service.
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
17/03/2017
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Remuneration Committee and member of the Audit Committee and Nominating Committee
Role and responsibilities
Fulfilling the duties of the Independent Director, Chairman of Remuneration Committee and member of the Audit Committee and Nominating Committee
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of independent directors currently resident in Singapore (taking into account this cessation)
0
Do independent directors make up at least one-third of the board (taking into account this cessation)?
No
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
80,000 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)
Nil
Present
Mermaid Maritime Public Company Limited
JWZ Property Pte Ltd
Capstone Investment
Corporate Finance Pte. Ltd.