The Board of Directors of Kim Heng Ltd. announced the appointment of Mr. Choo Kee Siong as a Non-Executive Director of the company with effect from 1 September 2022. Mr. Choo Kee Siong is a non-independent Director who has a deemed interest in the shares of the company and is not considered to be independent for the purposes of Rule 704(7) of the Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited. Following the appointment of Mr. Choo Kee Siong as a Non-Executive Director of the Company, the composition of the Board and Board Committees will be reconstituted as follows: Board of Directors: Mr. Tan Keng Siong Thomas as (Executive Director and Chief Executive Officer), Mr. Choo Kee Siong as (Non-Executive Director), Mr. Ho Boon Chuan Wilson as (Lead Independent Director) and Mr. Ong Sie Hou Raymond as (Independent Director).

Audit and Risk Committee: Mr. Ho Boon Chuan Wilson (Chairman - Lead Independent Director), Mr. Ong Sie Hou Raymond (Member - Independent Director) and Mr. Choo Kee Siong (Member - Non-Executive Director). Nominating Committee: Mr. Ong Sie Hou Raymond (Chairman - Independent Director), Mr. Ho Boon Chuan Wilson (Member - Lead Independent Director), Mr. Choo Kee Siong (Member - Non-Executive Director). Remuneration Commitee: Mr. Ong Sie Hou Raymond (Chairman - Independent Director), Mr. Ho Boon Chuan Wilson (Member - Lead Independent Director) and Mr. Choo Kee Siong (Member - Non-Executive Director).