The board of the directors of E&P Global Holdings Limited announced that Mr. Kim Sung Rae ("Mr. Kim") has been appointed as an independent non-executive Director, a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company with effect from 3 March 2023. Mr. Kim, aged 66, holds a bachelor's degree of Real Estate from Gukje Cyber University (Suwon, Korea). He is qualified as an electrician and a vocational competency development training teacher ­ electrician Level 3. Mr. Kim has over 40 years working experience in electric industry.

He had been working in Korea Electric Power Corporation, a company listed on The Korea Exchange with stock code 015760, for almost 40 years until retirement in 2017. He then served for almost 5 years as a deputy general manager at the Korea Electric Association ("KEA") from April 2017 to December 2021, and joined the administration of construction as construction supervisor at ED&C Co. Ltd. from October 2022 to February 2023.

He is currently a part-time training teacher at KEA starting from March 2023. The Board announced that with effect from 3 March 2023: Mr. Kim has been appointed as a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company; and Mr. Leung Yau Wan John has been appointed as the chairman of the Audit Committee of the Company.