Mm2 Asia Ltd. Announces Resignation of Tan Liang Pheng as Lead Independent Director, Chairman of Remuneration Committee and Member of Audit Committee and Nominating Committee

mm2 Asia Ltd. announced Mr. Tan has served on the Board of Directors (the "Board") of the Company for more than nine years. In view of the nine-year tenure limit for Independent Directors prescribed under the Listing Manual of the Singapore Exchange Securities Trading Limited, Mr. Tan has decided to step down and resign with effect from 31 May 2024 to facilitate board renewal. Following Mr. Tan's resignation, Mr. Tan shall cease to be Chairman of Remuneration Committee and a member of Audit Committee and Nominating Committee.

Other DirectorShips Present: Kimeda Pte. Ltd.