Dec 12, 2022

Change - Announcement Of Cessation Of Appointment Of Non-Executive And Non-Independent Director

Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Dec 12, 2022 7:59
Status New
Announcement Sub Title Cessation of Appointment of Non-Executive and Non-Independent Director
Announcement Reference SG221212OTHR9C5W
Submitted By (Co./ Ind. Name) Catherine Yeo
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Retirement of Mr Chan Heng Wing as a Non-Executive and Non-Independent Director, member of the Nominating Committee ("NC"), member of the Remuneration Committee ("RC") and member of the Sustainability and Risk Management Committee ("SRMC") of Frasers Property Limited ("FPL").
Additional Details
Name Of Person Chan Heng Wing
Age 76
Is effective date of cessation known? Yes
If yes, please provide the date 01/01/2023
Detailed Reason (s) for cessation Mr Chan served as a Non-Executive and Independent Director of FPL for a period of 9 years from 25 October 2013 to 24 October 2022, prior to his re-designation as a Non-Executive and Non-Independent Director with effect from 25 October 2022. Mr Chan is retiring from the Board of FPL in line with FPL's plans for Board refreshment and renewal. The Board of FPL expresses its appreciation to Mr Chan for his dedication and invaluable contribution during his tenure of service.
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 25/10/2013
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) 3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Executive and Non-Independent Director, member of the NC, member of the RC and member of the SRMC of FPL
Role and responsibilities As above.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries No
Shareholding interest in the listed issuer and its subsidiaries? No
Past (for the last 5 years) - Director, Banyan Tree Holdings Limited
- Director, Precious Quay Pte. Ltd.
- Director, Precious Treasure Pte Ltd
Present - Director, Fraser and Neave, Limited
- Director, EC World Asset Management Pte. Ltd. (Manager of EC World REIT)
- Director, One Bangkok Company Limited

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