Golden Agri Resources : Appointment of Non-Executive Independent Director.

General Announcement::Appointment of Non-Executive Independent Director

General Announcement::Appointment of Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager

Securities

Stapled Security

Announcement Details

Announcement Title

Date & Time of Broadcast

Status

Announcement Sub Title

Announcement Reference

Submitted By (Co./ Ind. Name)

Designation

General Announcement 13-Nov-2018 07:27:18

New

Appointment of Non-Executive Independent Director

SG181113OTHRHF27

Kimberley Lye Chor Mei

Director, Corporate Secretarial

The Board of Directors ("Board") of Golden Agri-Resources Ltd (the "Company") wishes to announce the appointment of Mr Christian G H Gautier de Charnace as a Non-Executive Independent Director of the Company, and as a member of the Audit Committee of the Company, effective 13 November 2018.

Mr Gautier de Charnace brings with him, over 40 years of broad and diversified international experience in Corporate and Institutional Banking, combining executive management positions with numerous financing, fund raising, capital markets and advisory transactions for clients throughout Asia, USA and Europe.

He was CEO Investment Banking Asia Pacific at BNP Paribas Bank ("BNP") prior to retiring in 2017, having held that position since 2013. He was with BNP since 1980. When he was with BNP, he was Head of Paribas branches and region in Seoul, Taipei and Los Angeles / Western US region (1980 - 1990); Managing Director and Head of Asia Pacific region based in Paris (1991 - 1993); Managing Director and successively Head of Capital Markets and Corporate Finance for Asia Pacific based in London, Singapore, Hong Kong, Tokyo and Hong Kong (1993 - 2013). Mr Gautier de Charnace started his career in banking at Bank of America. He was Vice President of Multinational Division Paris and Houston (1973 to 1980).

Mr Gautier de Charnace graduated from Institut d' Etudes Politiques de Paris in Economy and Finance, and he also holds a Bachelor's degree from the University of Law in Paris.

Mr Gautier de Charnace currently sits on the Board of Directors of Millennium & Copthorne Hotels PLC as an independent non-executive Director, and on the Board of Commissioners of PT BNP Paribas Sekuritas Indonesia as an independent President Commissioner.

For the purposes of Rule 704(8) of the listing manual of the Singapore Exchange Securities Trading Limited ("Listing Manual"), Mr Gautier de Charnace is considered independent by the Board.

Details on the above appointment as required under Rule 704(7) of the Listing Manual are set out in a separate announcement released today.

By Order of the Board

GOLDEN AGRI-RESOURCES LTD

Rafael Buhay Concepcion, Jr. Director

13 November 2018

Change - Announcement of Appointment::Appointment of Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager

Securities

Stapled Security

Announcement Details

Announcement Title

Date & Time of Broadcast

Status

Announcement Sub Title

Announcement Reference

Submitted By (Co./ Ind. Name)

Designation

Description (Please provide a detailed description of the event in the box below)

Additional Details

Whether appointment is executive, and if so, the area of responsibility

Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)

Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries

Conflict of interests (including any competing business)

Working experience and occupation(s) during the past 10 years

Change - Announcement of Appointment 13-Nov-2018 07:28:51

New

Appointment of Non-Executive Independent Director

SG181113OTHR1XJD

Kimberley Lye Chor Mei

Director, Corporate Secretarial

Appointment of Non-Executive Independent Director

13/11/2018

Christian G H Gautier de Charnace 69

Thailand

The Board approved the appointment upon recommendation of the Nominating Committee which had satisfied itself that with the skills, experience, objectivity and potential contribution of Mr Gautier de Charnace in his new role, he will bring different perspectives and be a valuable addition to the Board. Mr Gautier de Charnace was shortlisted by Management to the Nominating Committee for assessment of his suitability for appointment.

No.

Non-Executive Independent Director and Audit Committee member

No

No

Current:

- Independent Non-Executive Director of the Board of Directors of Millennium & Copthorne Hotels PLC since August 2017

- Independent Commissioner of the Board of Commissioners of PT BNP Paribas Sekuritas Indonesia since July 2018

Previous 10 years:

- BNP Paribas Bank 1980 to 2017

CEO Investment Banking Asia Pacific (October 2013 to 2017).

- Managing Director and successively Head of Capital Markets and Corporate Finance for Asia Pacific based in London, Singapore, Hong Kong, Tokyo and Hong Kong (1993 to 2013).

- Adviser to Infinity Investment Holdings Pte. Limited (April to October 2018).

Shareholding interest in the listed issuer and its subsidiaries?

Undertaking submitted to the listed issuer inthe form of Appendix 7.7 (Listing Rule 704 (7)) Or Appendix 7H (Catalist Rule 704(6))

# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).

(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?

(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?

(c) Whether there is any unsatisfied judgment against him?

(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?

(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?

(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving

BNP Paribas Capital (Singapore) Ltd. (Dissolved Members' Voluntary Winding Up)BNP Equities Asia Limited

BNP Paribas Equities (Asia) Limited

BNP Paribas Capital (Asia Pacific) Limited

Millennium & Copthorne Hotels PLC

PT BNP Paribas Sekuritas Indonesia (President Commissioner)

an allegation of fraud, misrepresentation or dishonesty on his part?

(g) Whether he has ever been convicted inSingapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?

(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?

(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?

(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-

(i) any corporation which has been

investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or

(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or

(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or

(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?

(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?

Any prior experience as a director of a listed company?

If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company

No

No

No

No

No

No

The Company will arrange with Mr Gautier de Charnace to undergo externally conducted training in relation to his directorship in a Singapore listed company.