The Board of Directors of Delfi Limited announced that Mr. Anthony Michael Dean and Mr. Koh Poh Tiong announced the company that they will not seek re-election as Independent Directors of the company at the company's Annual General Meeting to be held on 25 April 2023 and will therefore retire at the conclusion of the AGM. Following his retirement, Mr. Mike Dean will relinquish his position as Chairman of the Audit Committee, Chairman of the Risk Management Committee and also his membership of the Nominating Committee. For Mr. Koh Poh Tiong, following his retirement, he will relinquish his position as Chairman of the Remuneration Committee and also his membership of the Audit Committee, Nominating Committee, Risk Management Committee and Market Sustainability and Strategy Committee.

Following the conclusion of the AGM the following changes will be made: Mr. Pedro Mata-Bruckmann will be appointed as Chairman of the Remuneration Committee; Mr. Graham Nicholas Lee will be appointed as Chairman of the Audit Committee and the Risk Management Committee, and also appointed as a member of the Nominating Committee and the Market Sustainability and Strategy Committee; and Mr. Doreswamy Nandkishore will be appointed as a member of the Audit Committee and the Risk Management Committee. Following the retirement of Mr. Mike Dean and Mr. Koh Poh Tiong as Independent Directors of the Company at the AGM and the abovementioned appointment of chairman and members of the Board Committees, the composition of the Board and its respective Board Committees, with effect from the conclusion of the AGM, will be as follows: Audit Committee: Graham Lee as Chairman and Pedro Mata-Bruckmann and Doreswamy Nandkishore as members; Nominating Committee: Pedro Mata-Bruckmann as Chairman and John Chuang Tiong Choon, Davinder Singh, Doreswamy Nandkishore and Graham Lee as members; Remuneration Committee: Pedro Mata-Bruckmann as Chairman, Davinder Singh and Doreswamy Nandkishore as members; Risk Management Committee: Graham Lee as Chairman and Pedro Mata-Bruckmann, John Chuang Tiong Choon and Doreswamy Nandkishore as members; Executive Committee: John Chuang Tiong Choon as Chairman, Joseph Chuang Tiong Liep and William Chuang Tiong Kie as members; Market Sustainability & Strategy Committee: Doreswamy Nandkishore as Chairman, Pedro Mata-Bruckmann, John Chuang Tiong Choon, Joseph Chuang Tiong Liep and Graham Lee as members.