Change - Announcement of Cessation::Resignation of Executive Director

Issuer & Securities

Issuer/ Manager
DUTY FREE INTERNATIONAL LIMITED
Securities
DUTY FREE INTERNATIONALLIMITED - SG2C70966271 - 5SO
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Nov-2025 17:21:00
Status
New
Announcement Sub Title
Resignation of Executive Director
Announcement Reference
SG251110OTHRU0CT
Submitted By (Co./ Ind. Name)
Jeneral Tan Sri Dato' Sri Abdullah bin Ahmad @ Dollah bin Amad (B)
Designation
Lead Independent Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Lee Sze Siang as Executive Director of the Company.

Additional Details

Name of person
Lee Sze Siang
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date.
10/11/2025
Detailed reason(s) for cessation
Redesignated to Chief Operating Officer to focus on strengthening operational excellence, driving strategic initiatives and enhancing performance across the 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
13/08/2010
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Executive, Lee Sze Siang is tasked with executing strategic business directions set by the Board and overseeing the operations and business development of the Group, including the Group's financial management and corporate services
function.
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)
1
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
0
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
Nil
Other Directorships
Past (for the last 5 years)
Brand Connect Holding Pte. Ltd.
Atlan Holdings Bhd
Present
DFZ Capital Sdn Bhd