Far East Orchard Limited announced the following changes to the Board and Board Committees as part of the Board renewal process: Mr. Koh Boon Hwee will retire as Non-Executive Director and Chairman at the conclusion of the forthcoming Annual General Meeting of the Company on 18 April 2022. Ms Koh Kah Sek will succeed Mr. Koh as the Chairman of the Board. Mr. Shailesh Anand Ganu will be appointed as a member of the Nominating Committee with effect from 18 April 2022.

Ms. Ku Xiang Hong will be appointed as a member of the Audit & Risk Committee with effect from 1 July 2022. The Board considered Ms. Ku to be a Non-Executive Independent Director for the purposes of Rule 704(8) of the Listing Manual of the SGX-ST. Mr. Samuel Gene Rhee will be appointed as a member of the Remuneration Committee with effect from 1 July 2022.