Lum Chang Holdings Limited Announces Cessation of Ho Siew Keong Kenneth as Independent Non-Executive Director and Member of Audit, Risk and the Remuneration Committee and Appoints as General Manager

Lum Chang Holdings Limited announced that Mr. Ho Siew Keong Kenneth (Mr Ho) will step down as the Independent Non-executive Director of the Company with effect from 22 May 2024. Consequent to his cessation, he will also be vacating his positions as a member of the Audit and Risk Committee of the Company and the Remuneration Committee of the Company. Role And Responsibilities: Assumed the roles and responsibilities as an Independent Non-executive Director and member of the ARC and the RC.

Job Title: Independent Non-executive Director, ARC member and RC member. Other DirectorShips Past: CES Vietnam Holdings Pte Ltd. CES Management (Vietnam) Pte Ltd. CES Technology Development (Taicang) Company. Other DirectorShips Present: Silverlink Holdings Pte Ltd. Transil Corporation Pte Ltd. Yinjian Investment (S) Pte Ltd. Beijing Yinjian Industry Co Ltd. Reason For Cessation: Mr. Ho will be taking up an executive appointment with the Company as the General Manager to focus on strategically identifying new businesses, expanding existing operations and pursuing growth opportunities.