The Board of Directors ("Board") of the Company wishes to announce that the Board has approved the merger of the  Audit Committee and Risk Management Committee with effect from 27 February 2026 and the Committee shall be renamed as Audit and Risk Management Committee.

The rationale for the change is to enhance the efficiency of the Board in discharging its duties and responsibilities.

The composition of the Audit and Risk Management Committee after the merger is as follows:-

1. Koh Huey Min (Chairperson, Independent Non-Executive Director)

2. Teo Siang Ly (Member, Independent Non-Executive Director)

3. Koon Hon Hoong (Member, Non-Independent Non-Executive Director)

This announcement is dated 27 February 2026.