Singapore Exchange Limited announced the appointment of Ms. Lin Huey Ru as an Independent and Non-Executive Director to the company Board and a member of the Risk Management Committee (RMC) with effect from 1 May 2023; and the appointment of Ms. Julie Gao as an Independent and Non-Executive Director to the company Board and a member of the Audit Committee (AC) with effect from 1 May 2023. Mr. Mark Makepeace has been it's Independent and Non-Executive Director since 24 September 2020. On 23 March 2023, the company through its wholly owned subsidiary, Asian Gateway Investments Pte.

Ltd., acquired an approximately 9.74% stake in Wilshire Benchmarks TopCo Limited for a cash consideration of USD 10 million. Upon completion of the investment, Mr. Mark Makepeace was appointed as the chief executive officer of Wilshire Indexes1. In view of the foregoing, the Board considered Mr. Mark Makepeace to be a non-independent and non- executive director with effect from 24 March 2023.

Following this determination, Mr. Mark Makepeace stepped down from the AC and RMC immediately. Mr. Lim Chin Hu was appointed to the AC and Dr. Beh Swan Gin was appointed to the RMC, and both appointments took effect from 24 March 2023. Following from the above, the new composition of the Board, AC and RMC is as set out below:- Board of Directors: Mr. Koh Boon Hwee - Non-Executive Chairman and Independent Director, Mr. Loh Boon Chye - Chief Executive Officer and Non-Independent Director, Dr. Beh Swan Gin - Independent Non-Executive Director, Ms. Chew Gek Khim- Non-Independent Non-Executive Director, Ms. Julie Gao - Independent Non-Executive Director, Mr. Lim Chin Hu - Independent Non-Executive Director, Ms. Lim Sok Hui (Mrs Chng) - Non-Independent Non-Executive Director, Ms. Lin Huey Ru - Independent Non-Executive Director, Mr. Mark Makepeace - Non-Independent Non-Executive Director, Prof. Subra Suresh - Independent Non-Executive Director, Mr. Samuel Tsien - Non-Independent Non-Executive Director, Mr. Yeoh Oon Jin - Independent Non-Executive Director.

Audit Committee: Mr. Yeoh Oon Jin – Chairman, Ms. Julie Gao, Mr. Koh Boon Hwee and Mr. Lim Chin Hu as members. Risk Management Committee: Ms. Lim Sok Hui (Mrs Chng) – Chairman, Dr. Beh Swan Gin, Mr. Lim Chin Hu, Ms. Lin Huey Ru, Mr. Samuel Tsien and Mr. Yeoh Oon Jin as Members.