Overseas Education Limited announced the retirement of Mr. Ho Yew Mun ("Mr Ho") as Independent Director of the Company. The number of the Independent Directors currently resident in Singapore includes the appointment of Mr. Jong Voon Hoo and Associate Professor Leong Ching Ching, the cessations of Mr. Ho and Mr. Leow Wee Kia Clement, and the redesignation of Mr. Tan Teng Muan announced today. The number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months does not include the cessations of Mr. Ho and Mr. Leow Wee Kia Clement announced today.

Job Title: Lead Independent Director, Chairman of the Audit Committee and member of the Nominating Committee and Remuneration Committee. Other DirectorShips Present: Age Concern Wellington Region Trust Age Concern Wellington Region Inc. Reason For Cessation: To comply with Rule 210(5)(d)(iv) of the Listing Rules and to facilitate the renewal of the Board, Mr. Ho Yew Mun will be stepping down as an Independent Director of the Company with effect from the conclusion of the annual general meeting on 25 April 2024. He will concurrently relinquish his positions as Chairman of the Audit Committee and member of the Nominating Committee and Remuneration Committee.