The Board of Directors of CosmoSteel Holdings Limited announced to update shareholders of the Company that, with effect from 22 December 2022, the Nominating Committee of the Company will comprise the following members pursuant to: the appointment of Mr. Ong Tiew Siam, Lead Independent Director, as a member of the Nominating Committee; and the resignation of Mr. Loo Cheng Guan, Independent Director, as a member of the Nominating Committee.