Soon Lian Holdings Limited announced that Mr. Yap Kian Peng will retire from the Board of Directors and will not be seeking re-appointment at the Company's FY2023 Annual General Meeting as he has served on the Board for more than 9 years since his first appointment in 2007 and to allow for Board renewal. Upon his retirement, Mr. Yap ceased as the Lead Independent Non-Executive Director, Chairman of the Remuneration Committee, a member of the Audit Committee and Nominating Committee, there are no other material reasons for the cessation of Mr. Yap. Job Title: Lead Independent Non-Executive Director, Chairman of the Remuneration Committee, member of the Audit Committee and Nominating Committee.