Change - Announcement of Cessation::Cessation of Independent and Non-Executive Director

Issuer & Securities

Issuer/ Manager
FRASER AND NEAVE LIMITED.
Securities
FRASER AND NEAVE, LIMITED - SG1T58930911 - F99
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Jan-2026 00:04:24
Status
New
Announcement Sub Title
Cessation of Independent and Non-Executive Director
Announcement Reference
SG260105OTHR40CG
Submitted By (Co./ Ind. Name)
Jennifer Yu
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent and Non-Executive Director

Additional Details

Name of person
Chan Heng Wing
Age
78
Is effective date of cessation known?
Yes
If yes, please provide the date.
27/01/2026
Detailed reason(s) for cessation
At the Annual General Meeting of the Issuer to be held on 27 January 2026 ("2026 AGM"), Mr Chan would have served as a Director for more than nine years in aggregate. To facilitate Board renewal, he will retire from office at the conclusion of the 2026 AGM.
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?
Yes
If yes, please elaborate.
With effect from the conclusion of the 2026 AGM:
(1) Dr Sujittra Sombuntham, an independent and non-executive Director, will be appointed as a Member and as the Chairman of the Remuneration Committee ("RC");
(2) subject to her re-election at the 2026 AGM as a Director, Ms Suong Dao Nguyen, an independent and non-executive Director, will be appointed as a Member of the Audit Committee ("AC"); and
(3) subject to his re-election at the 2026 AGM as a Director, Mr Prapakon Thongtheppairot, a non-independent and non-executive Director, will be appointed as a Member of the AC.
Date of appointment to current position
11/01/2018
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent and Non-Executive Director; and Chairman of the RC and a Member of the AC.
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)
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
5
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
No
Other Directorships
Past (for the last 5 years)
Please see attached.
Present
Please see attached.

Attachments

Mr Chan Heng Wing - Directorships.pdf
Total size =128K