Nera Telecommunications Ltd. announced the resignation of Ms. Wong Su-Yen as an Independent Director of the Company with effect from 23 December 2022, after 9 years of serving the Board. Following Ms. Wong's resignation, she will contemporaneously relinquish her position as the Chairman of the Board, Chairman of NC and a member of the RC with effect from 23 December 2022. The appointment of Dr. Lim Puay Koon as Chairman of the Board with effect from 23 December 2022. The appointment of Ms. Kay Pang Ker-Wei ("Ms Pang") as an Independent Director of the Company with effect from 23 December 2022. Upon appointment, Ms. Pang will be appointed as the Chairman of the Nominating Committee ("NC") and a member of the Remuneration Committee ("RC") with effect from 23 December 2022. Following the aforesaid changes, the new composition of the Board, the NC and the RC shall be as follows: Board of Directors Dr. Lim Puay Koon - (Chairman, Independent Director), Mr. Chong Hoi Ming - (Executive Director and Chief Executive Officer), Mr. Basil Chan - (Independent Director), Ms. Kay Pang Ker-Wei - (Independent Director), Mr. Tommy Teo Zhi Zhuang - (Non-Executive Director), Mr. Wong Chee-Yann - (Non-Executive Director). Nominating Committee: Ms. Kay Pang Ker-Wei - (Chairman), Mr. Basil Chan, Mr. Wong Chee-Yann. Remuneration Committee: Dr. Lim Puay Koon - (Chairman), Mr. Wong Chee-Yann, Ms. Kay Pang Ker-Wei. There is no change to the composition of the Audit and Risk Management Committee, which
remain as follow: Audit and Risk Management Committee: Mr. Basil Chan (Chairman); Mr. Tommy Teo Zhi Zhuang; and Dr. Lim Puay Koon.