Pacific Radiance Ltd. at the AGM held on April 30, 2024, approved the appointment of Mr. Aris Sunarko, Mr. Lim Kee Way Irwin and Mr. Lum Wai Meng as independent director. The Nominating Committee has assessed Mr. Lim Kee Way, Irwin and is of the view that he is suitably qualified for the role of Non-executive Independent Director, Chairman of the Audit and Sustainability Committee and member of the Remuneration Committee given his qualifications and experience. The Board of Directors concurred with the recommendation of the Nominating Committee.

Working Experience: January 2022 - Present Chief Financial Officer Novo Tellus Alpha Acquisition (SPAC previously listed on SGX-ST) May 2019 - Present Lead Independent Director and Acting Chairman of the Board GS Holdings Limited June 2007 - Present Managing Director Inflexion Ventures Private Ltd. May 2016 - January 2024 Non-Executive Director Novoflex Group of companies April 2015 - December 2023 Operating Partner and Chief Financial Officer Novo Tellus Capital Partners. Other DirectorShips Past: Novoflex Group of Companies. Other DirectorShips Present - Inflexion Ventures Private Ltd. - LHT Holdings Limited - GS Holdings Limited.

Director Experience Details: Non-Executive Independent Director of LHT Holdings Limited. Lead Independent Director and Acting Chairman of the Board GS Holdings Limited. Professional Qualifications: Bachelor of Science in Industrial Engineering from Columbia University, New York - Master of Science in Management from Imperial College, University of London.

Effective date of appointments April 30, 2024. The Nominating Committee has assessed Mr. Aris Sunarko and is of the view that he is suitably qualified for the role of Non-executive Independent Director, Chairman of Remuneration Committee, member of the Nominating Committee, and member of the Audit and Sustainability Committee given his qualifications and experience. The Board of Directors concurred with the recommendation of the Nominating Committee.

Working Experience: October 2016 - Present Director Hasan Holdings Pte Ltd. November 2009 - Present Director First Fortuna Pte Ltd. January 1981 - Present Director Noah Shipping Pte Ltd. June 2016 - April 2017 Executive Director/Executive Chairman Samko Timber Ltd. February 2008 - June 2016 Chief Executive Officer Samko Timber Ltd. Other DirectorShips Present: Noah Shipping Pte Ltd. - First Fortuna Pte Ltd. - Hasan Holdings Pte Ltd. Director Experience Details: June 2016 - April 2017 Executive Director/Executive Chairman Samko Timber Ltd. Professional Qualifications: Bachelor of Science in Business Administration from University of Southern California. The Nominating Committee has assessed Mr. Lum Wai Meng and is of the view that he is suitably qualified for the role of Non-executive Lead Independent Director, Chairman of the Nominating Committee, member of the Audit and Sustainability Committee, and member of the Remuneration Committee given his qualifications and experience. The Board of Directors concurred with the recommendation of the Nominating Committee.

Working Experience: December 2022 - Present Group Chief Executive Officer Rajah & Tann Technologies Pte Ltd. July 2022 - Present Managing Director JLB Alliance Pte Ltd. May 2019 - Present Non-Executive Director WizVision Pte Ltd. October 2019 - Present Non-Executive Director NACT Engineering Pte Ltd. April 2019 - June 2022 Non-Executive Director DSCO Group Holdings Pte Ltd. June 2018 - June 2022 Chief Operating Officer Boustead Projects Ltd. November 2008 - June 2018 Vice President/Head, Business Development TeleChoice International Ltd. Other DirectorShips Past: DSCO Group Holdings Pte Ltd. Other DirectorShips Present: JLB Alliance Pte Ltd. - WizVision Pte Ltd. - NACT Engineering Pte Ltd. Director Experience Details: Director will attend the Listed Entity Director Programme conducted by the Singapore Institute of Directors within 12 months from the date of appointment. Professional Qualifications: Bachelor of Engineering (2nd Upper Class Honours) from National University of Singapore - Master of Business Administration from Nanyang Technological University - Master of Science in Applied Finance from Singapore Management University - Senior Member, Institution of Engineers, Singapore - Fellow Chartered Accountant of Singapore, Institute of Singapore Chartered Accountants - ASEAN Chartered Professional Accountant - Chartered Valuer and Appraiser, Institute of Valuers and Appraisers, Singapore - Chartered Accountant, Institute of Chartered Accountants in England and Wales - Senior Accredited Director, Singapore Institute of Directors.