Change - Announcement of Cessation::Cessation of Executive Chairman

Issuer & Securities

Issuer/ Manager
CORDLIFE GROUP LIMITED
Securities
CORDLIFE GROUP LIMITED - SG2E64980112 - P8A
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Oct-2025 21:18:33
Status
New
Announcement Sub Title
Cessation of Executive Chairman
Announcement Reference
SG251030OTHRMX2E
Submitted By (Co./ Ind. Name)
Goh Xun Er
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Zhai Lingyun as an Executive Chairman

Additional Details

Name Of Person
Zhai Lingyun
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
05/11/2025
Detailed Reason (s) for cessation
Mr. Zhai has informed the Board of his decision to step down as an Executive Chairman and Director of Cordlife Group Limited ("Company") in order to focus on other business and personal commitments. Mr. Zhai will, however, continue to serve in certain management capacities within the Group.

The Board wishes to express its sincere appreciation to Mr. Zhai for his valuable contributions during his tenure. Following his resignation, Mr. Zhai will also cease to be a member of the Nominating Committee.
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
16/06/2025
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
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Director and a member of the Nominating Committee
Role and responsibilities
Executive Chairman of the Company
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Yes. Mr. Zhai is a Director nominated by Nanjing Xinjiekou Department Store Co., Ltd, a substantial shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
1.Chairman, Shandong Cord Blood Bank
2, Chairman, Nanjing Xinjiekou Department Store Co., Ltd
3.Chairman, Natali Seculife Holdings Ltd
Present
1. Director, Natali Healthcare Solutions UK Limited
2. Chairman, Dendreon Pharmaceuticals LLC