Mar 17, 2023

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

Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Mar 17, 2023 20:37
Status New
Announcement Sub Title Cessation of Appointment of Non-Executive and Non-Independent Director
Announcement Reference SG230317OTHRNIYW
Submitted By (Co./ Ind. Name) Catherine Yeo
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Cessation of Appointment of Non-Executive and Non-Independent Director
Additional Details
Name Of Person Khunying Wanna Sirivadhanabhakdi
Age 79
Is effective date of cessation known? Yes
If yes, please provide the date 17/03/2023
Detailed Reason (s) for cessation The Board of Directors of the Company (together with its subsidiaries, the "Group") announces with regret that our Vice-Chairman, Khunying Wanna Sirivadhabhakdi, passed away peacefully on 17 March 2023. Khunying Wanna was a non-independent and non-executive Director of the Company.

On behalf of all staff of the Group, the Board expresses its deepest condolences and conveys its sympathies to the Chairman of the Board, Mr Charoen Sirivadhanabhakdi, and his family. The Board also expresses its heartfelt gratitude for the invaluable contribution to the Group by Khunying Wanna during her tenure as Vice-Chairman of the Company.

Please also refer to the attached joint press statement from Thai Beverage Public Company Limited ("ThaiBev"), Fraser and Neave, Limited ("FNL") and the Company, for more information. ThaiBev and FNL are respectively, a substantial shareholder and a related corporation of the Company.
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 07/01/2014
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 5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Executive and Non-Independent Vice-Chairman of the Board
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 Khunying Wanna was an immediate family member of:

- Mr Charoen Sirivadhanabhakdi, the Chairman of the Board, who is also a substantial shareholder of Company;
- Mr Thapana Sirivadhanabhakdi, a Non-Executive and Non-Independent Director of the Company; and
- Mr Panote Sirivadhanabhakdi, the Group Chief Executive Officer and Non-Independent Director of Company.
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details Deemed interest in 3,411,180,640 shares in the Company.
Past (for the last 5 years) Please see attached.
Present Please see attached.

17 Mar 2023 | PDF 20,422 kb

Joint Press Statement

17 Mar 2023 | PDF 106,772 kb

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