Indofood Agri Resources Ltd. announced cessation of Lee Kwong Foo, Edward, Age 76, as Chairman of the Board - Lead Independent Director - Chairman of NC. Role And Responsibilities: Carry out the responsibilities of Chairman of the Board, Lead Independent Director and the Chairman of NC. Reason For Cessation- Mr. Lee Kwong Foo, Edward who retired pursuant to Regulation 111 of the Company's Constitution, did not seek for re-election and retired as Chairman and Lead Independent Director of the Company at the conclusion of the Annual General Meeting held on 30 April 2024.

Following his cessation, Mr. Lee Kwong Foo, Edward ceased his role as Chairman of the Nominating Committee (NC). Other DirectorShips Present: Gas Supply Pte Ltd. (Independent Director); Asia Mobile Holdings Pte Ltd. (Independent Director); MS First Capital Insurance Ltd. (Independent Director). Other DirectorShips Past: QAF Ltd. (Independent Director); PT Kawasan Industri Kendal- Indonesia (Independent Director).