Overseas Education Limited announced the redesignation of Mr. Tan Teng Muan ("Mr Tan") as Non-Executive Chairman and Non-Executive Non-Independent Director. Board Comments: Mr. Tan has served on the Board of the Company for more than nine years and will therefore not be considered independent under Rule 210(5)(d)(iv) of the Listing Rules. The Board, upon the recommendation of the Nominating Committee, has considered and reviewed Mr. Tan's credentials, qualification, experience and approved the re-designation of Mr. Tan from Non-Executive Chairman and Independent Director to Non-Executive Chairman and Non-Executive Non-Independent Director with effect from the conclusion of the annual general meeting on 25 April 2024.

Mr. Tan had abstained from the deliberations and decision-making in relation to his re-designation. Following his re-designation, Mr. Tan will remain as a member of the Audit Committee, Nominating Committee, and Remuneration Committee. Role And Responsibilities: Non-Executive.

Job Title: Non-Executive Chairman and Non-Executive Non-Independent Director and Member of the Audit Committee, Nominating Committee and Remuneration Committee. Working Experience: 2023 to present - Commissioner for Oaths and Director in UniLegal LLC 1987 to 2023 - Commissioner for Oaths and Partner in the civil and commercial litigation practice of Mallal & Namazie 2016 to 2022 - Independent Director of United Global Limited. Director Experience Details: Mr. Tan is a director of Overseas Education Limited and has acted as an independent director of United Global Limited.

Professional Qualifications: Bachelor of Laws (Hons) from the National University of Singapore Member of the Law Society of Singapore and the Singapore Academy of Law Senior Accredited Director of the Singapore Institute of Directors.