The Board of Directors of Karex Berhad ("the Company") wishes to announce that Dato' Edward Siew Mun Wai was not re-elected to the Board at the Annual General Meeting of the Company held on 28 November 2025. Following this, he will also cease office as the Chairman of Remuneration Committee ("RC"), Member of Risk Management Commitee ("RMC"), Audit Committee ("AC") and ESOS Committee. 

Following the above changes, the composition of the Board, AC, RMC, RC, Nomination Committee and ESOS Committee of the Company will be as follows:

Board of Directors

1.          Prof. Dato’ Dr. Adeeba Binti Kamarulzaman (Chairwoman, Independent Non-Executive Director)

2.          Mr Goh Miah Kiat (Executive Director/ Chief Executive Officer)  

3.          Mr Goh Leng Kian (Non-Independent Non-Executive Director) 

4.          Madam Goh Yen Yen (Non-Independent Non-Executive Director)

5.          Madam Lam Jiuan Jiuan (Non-Independent Non-Executive Director)

6.          Mr Chew Fook Aun (Independent Non-Executive Director)

7.          Ms Kung Chin Woon (Independent Non-Executive Director)

8.          Mr Jaimie Sia Zui Keng (Independent Non-Executive Director)

Audit Committee

1.          Mr Chew Fook Aun (Chairman, Independent Non-Executive Director) 

2.          Madam Lam Jiuan Jiuan (Member, Non-Independent Non-Executive Director)

3.          Ms Kung Chin Woon (Member, Independent Non-Executive Director)

4.          Mr Jaimie Sia Zui Keng (Member, Independent Non-Executive Director)

Nomination Committee

1.          Ms Kung Chin Woon (Chairwoman, Independent Non-Executive Director) 

2.          Madam Lam Jiuan Jiuan (Member, Non-Independent Non-Executive Director)

3.          Mr Chew Fook Aun (Member, Independent Non-Executive Director) 

Remuneration Committee

1.         Mr Jaimie Sia Zui Keng (Chairman, Independent Non-Executive Director)

2.         Madam Goh Yen Yen (Member, Non-Independent Non-Executive Director)

3.         Mr Chew Fook Aun (Member, Independent Non-Executive Director) 

4.         Ms Kung Chin Woon (Member, Independent Non-Executive Director)

Risk Management Committee

1.        Madam Lam Jiuan Jiuan (Chairwoman, Non-Independent Non-Executive Director)

2.        Mr Chew Fook Aun (Member, Independent Non-Executive Director)

3.        Ms Kung Chin Woon (Member, Independent Non-Executive Director)

4.        Mr Jaimie Sia Zui Keng (Member, Independent Non-Executive Director)

ESOS Committee

1.       Mr Chew Fook Aun (Chairman, Independent Non-Executive Director) 

2.       Madam Lam Jiuan Jiuan (Member, Non-Independent Non-Executive Director)

3.       Ms Kung Chin Woon (Member, Independent Non-Executive Director)

The detailed announcements pursuant to Paragraph 9.19 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Malaysia”), in relation to the above changes, are being released separately to Bursa Malaysia.

This announcement is dated 28 November 2025.