Mr Stephen Ho Kiam Kong ('Mr KK Ho'), aged 60 years, the Company's Chief Financial Officer has informed the Company of his intention to retire on 31 May 2020 from full time work after 37 years of a career in Finance and the last eight years with the Company. The Board of Directors have accepted Mr KK Ho's decision to retire after ascertaining that an appropriate handover process has been put in place for the current Deputy Chief Financial Officer, Mr Charles Loo Cheau Leong to assume the responsibilities undertaken by Mr KK Ho as Chief Financial Officer upon the retirement of Mr KK Ho.

There are no concerns with regard to financial reporting that led to Mr KK Ho's decision to retire and there are no disagreements between Mr KK Ho and the Board with regard to practices that will have an impact on the Company's financial reporting. Following the retirement of Mr KK Ho, the Board does not foresee any difficulties for the Company to continue to meet its financial reporting requirements. Save as disclosed in this announcement, there are no other material reasons for the cessation of Mr KK Ho as Chief Financial Officer of the Company.

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Wilmar International Limited published this content on 26 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 February 2020 09:38:11 UTC