The board of directors of Annica Holdings Limited announced the appointment of Mr. Augustine A/L T.K. James as an Independent and Non-Executive Director of the company with effect from April 30, 2013. Mr. Augustine A/L T.K. James has also been appointed as the Lead Independent Director, Chairman of the Audit Committee and Member of the Nominating Committee and Remuneration Committee. The board considers Mr. Augustine A/L T.K. James to be independent for the Remuneration Committee.

The board also announced the appointment of Mr. N. Sivagurunathan V. Narayanasamy as an Independent and Non-Executive Director of the Company with effect from April 30, 2013. Mr. N. Sivagurunathan V. Narayanasamy has also been appointed as the Chairman of the Nominating Committee and Member of the Audit Committee and Remuneration Committee.