Change - Announcement of Cessation::Cessation of Mr. Sunny George Verghese as Executive Director and Group CEO

Issuer & Securities

Issuer/ Manager
OLAM GROUP LIMITED
Securities
OLAM GROUP LIMITED - SGXE65760014 - VC2
OLAM S$250M5.375% PERPSEC - SGXF39597590 - VT0B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2026 17:37:58
Status
New
Announcement Sub Title
Cessation of Mr. Sunny George Verghese as Executive Director and Group CEO
Announcement Reference
SG260427OTHRQX00
Submitted By (Co./ Ind. Name)
Michelle Tanya Kwek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Sunny George Verghese as Executive Director and Group CEO

Additional Details

Name of person
Sunny George Verghese
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date.
27/04/2026
Detailed reason(s) for cessation
Stepping down as Group CEO to assume responsibilities as CEO of Olam Agri Group
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
26/08/2021
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director, Co-Founder and Group CEO
Member, Sustainability Committee
Role and responsibilities
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)
3
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
170,159,745
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)
Emerging Stronger Task Force (EST), Government of Singapore
Human Capital Leadership Institute Pte Ltd
Olam International Limited
Policy Advisory Council for the Australian Centre for International Agricultural Research (ACIAR)
Climate Impact Exchange (CIX) (Observer, CIX International Advisory Council)
JOil (S) Pte. Ltd.
ofi Group Limited
Present
Carbon Solutions Holdings Pte. Ltd.
Carbon Solutions Platform Pte. Ltd.
Carbon Solutions Services Pte. Ltd.
Carbon Solutions Investments Pte. Ltd.
Olam Agri Holdings Limited
Olam Global Agri Pte. Ltd.
Caraway Pte. Ltd.