Change - Announcement of Cessation::Cessation of Non-Executive and Independent Director - Mr. Jean-Paul Pinard

Issuer & Securities

Issuer/ Manager: OLAM INTERNATIONAL LIMITED
Securities: OLAM INTERNATIONAL LIMITED - SG1Q75923504 - O32
Stapled Security: No

Announcement Details

Announcement Title: Change - Announcement of Cessation
Date &Time of Broadcast: 20-May-2020 17:37:18
Status: New
Announcement Sub Title: Cessation of Non-Executive and Independent Director - Mr. Jean-Paul Pinard
Announcement Reference: SG200520OTHRGXPZ
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 as Non-Executive and Independent Director.

Additional Details

Name Of Person: Jean-Paul Pinard
Age: 70
Is effective date of cessation known?: Yes
If yes, please provide the date: 20/05/2020
Detailed Reason (s) for cessation: Stepping down as part of Board renewal process after having completed more than 11 years tenure on the Board.
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: 29/10/2008
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): 4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months: 0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.): Non Executive & Independent Director
Role and responsibilities: As above.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries: Nil.
Shareholding interest in the listed issuer and its subsidiaries?: Yes
Shareholding Details: 1,143,734 shares in Olam International Limited
Past (for the last 5 years): Hero Future Energies Pvt Ltd (India) (Non-Executive Director)
Present: Hero Future Energies Global Limited (UK) (Director)
Gia Lai Electricity Joint Stock Company (Vietnam) (Director)

Related Announcements

Related Announcements: 20/05/2020 17:50:00