SATS Ltd. announced the following changes to the composition of the Board, the Audit Committee ("AC"), the Board Risk and Safety Committee ("BRSC") and Nominating Committee ("NC") of the Company: Mr. Tan Soo Nan will retire as a Director of the Company pursuant to Article 90 of the Company's Constitution at the Company's Annual General Meeting to be held on 21 July 2023 ("AGM"). His retirement from the Board will take effect upon the conclusion of the AGM. Consequently, Mr. Tan Soo Nan will cease to be a member of the AC and the BRSC.

Following the retirement of Mr. Tan Soo Nan and the stepping down of Mr. Yap Kim Wah as Directors upon the conclusion of the AGM and subject to the approval of shareholders on the re-election of the Directors to be set out in the Notice of AGM targeted to be issued on or around 22 June 2023, the Board of Directors of SATS will comprise the following members upon the conclusion of the AGM on 21 July 2023: BOARD OF DIRECTORS: Ms. Euleen Goh Yiu Kiang, Chairman - Independent and Non-Executive Mr. Kerry Mok Tee Heong, President and Chief Executive Officer and Executive Director, Mr. Achal Agarwal, Independent and Non-Executive, Ms. Vinita Bali, Independent and Non-Executive, Mr. Chia Kim Huat, Independent and Non-Executive, Mr. Eng Aik Meng, Independent and Non-Executive, Ms. Jenny Lee Hong Wei, Independent and Non-Executive, Mrs. Deborah Ong, Independent and Non-Executive, Ms. Jessica Tan Soon Neo, Independent and Non-Executive, and Dr. Detlef Trefzger, Independent and Non-Executive. Following the retirement of Mr. Tan Soo Nan and the stepping down of Mr. Yap Kim Wah as Directors at the conclusion of the AGM and subject to the approval of shareholders on the re- election of the Directors to be set out in the Notice of AGM targeted to be issued on or around 22 June 2023, the Board Committees will be constituted as follows, with effect from the conclusion of the AGM: Dr. Detlef Trefzger will be appointed as the Chairman of the BRSC; Ms. Vinita Bali will be appointed as a member of the AC; and Ms. Jessica Tan Soon Neo will assume the role of the Chairman of the NC while Ms. Euleen Goh will remain as a member of the NC. Following the abovementioned changes, the composition of the AC, BRSC and NC will be revised as follows: AUDIT COMMITTEE: Mrs. Deborah Ong,Chairman-Independent Non-Executive Director, Ms. Vinita Bali, Member-Independent Non-Executive Director, and Ms. Jessica Tan Soon Neo, Member-Independent Non-Executive Director.

BOARD RISK AND SAFETY COMMITTEE: Dr. Detlef Trefzger, Chairman-Independent Non-Executive Director, Mr. Chia Kim Huat, Member-Independent Non-Executive Director, and Mrs. Deborah Ong, Member-Independent Non-Executive Director. NOMINATING COMMITTEE: Ms. Jessica Tan Soon Neo, Chairman-Independent Non-Executive Director, Ms. Euleen Goh Yiu Kiang, Member- Independent Non-Executive Director, and Mr. Chia Kim Huat, Member-Independent Non-Executive Director.