Pan-United Corporation Ltd. announced Re-designation of Mr. Fong Yue Kwong from Independent Director to Lead Independent Director of the Company. The Board considers Mr. Fong to be independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited. Mr. Fong had abstained from the deliberations and decision of his re-designation and appointment.

Job Title: Lead Independent Director Remuneration Committee Chairman Nominating Committee Member Audit Committee Member. Working Experience: 2013 to 2017: Advisor (Offshore Logistics), Pacific International Lines (Pte) Ltd. 2014 to 2016: Senior Advisor, Shenzhen Chiwan Petroleum Supply Base Co. Ltd. 2013 to 2016: Advisor (Offshore & Marine Supply Base), Keppel Logistics Pte Ltd. (a subsidiary of Keppel Corporation).

Other DirectorShips Present: Board Member, Kwong Wai Shiu Hospital, Singapore. Director Experience Details: Pan-United Corporation Ltd. CWT Distribution Ltd. Professional Qualifications: Master of Business Administration from the University of East Asia, Macau Diploma in Industrial Management from Institute of Industrial Managers, United Kingdom Bachelor of Engineering (Mechanical) from the University of Canterbury. Appointment date is July 15, 2024.