The Board of Directors of OEL (Holdings) Limited announced the appointment of Mr. Chong Eng Wee as an Independent Director of the Company with effect from 30 June 2020. The information pursuant to Rule 704(6)(b) of the Catalist Rules in relation to the appointment is contained in a separate announcement released on June 30, 2020. Following the appointment of Mr. Chong, he will be the Chairman of the Remuneration Committee and a member of the Audit Committee and Nominating Committee.