Centurion : OVERSEAS REGULATORY ANNOUNCEMENT - RE-DESIGNATION OF NON-EXECUTIVE DIRECTOR TO EXECUTIVE DIRECTOR

The Singapore Exchange Securities Trading Limited, Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

CENTURION CORPORATION LIMITED ௷ઠΆุϞࠢʮ̡*

(Incorporated in the Republic of Singapore with limited liability)

(Co. Reg. No.: 198401088W)

(SGX Stock Code: OU8) (SEHK Stock Code: 6090)

OVERSEAS REGULATORY ANNOUNCEMENT

RE-DESIGNATION OF NON-EXECUTIVE DIRECTOR TO

EXECUTIVE DIRECTOR

This overseas regulatory announcement is issued pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Please refer to the following pages for the document which has been published by Centurion Corporation Limited on the website of the Singapore Exchange Securities Trading Limited on 26 February 2021.

By Order of the Board Centurion Corporation Limited

Kong Chee Min

Chief Executive Officer

Hong Kong, 26 February 2021

As at the date of this announcement, the Board comprises Mr. Wong Kok Hoe and Mr. Teo Peng Kwang as executive Directors; Mr. Han Seng Juan and Mr. Loh Kim Kang David as non-executive Directors; and Mr. Gn Hiang Meng, Mr. Chandra Mohan s/o Rethnam, Mr. Owi Kek Hean, Ms. Tan Poh Hong and Mr. Lee Wei Loon as independent non-executive Directors.

* For identification purpose only

CHANGE - ANNOUNCEMENT OF APPOINTMENT::RE-DESIGNATION OF NON-EXECUTIVE DIRECTOR TO EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager

CENTURION CORPORATION LIMITED

Securities

CENTURION CORPORATION LIMITED - SG2D51973063 - OU8

Stapled Security

No

Announcement Details

Announcement Title

Change - Announcement of Appointment

Date &Time of Broadcast 26-Feb-2021 19:51:13

Status

New

Announcement Sub Title

Re-designation of Non-Executive Director to Executive Director

Announcement Reference

SG210226OTHRJE69

Submitted By (Co./ Ind. Name)

Kong Chee Min

Designation

Chief Executive Officer

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

Re-designation of Mr Loh Kim Kang David from Non-Executive Director to Executive Director. Mr Loh will remain as Joint Chairman of the Board.

Additional Details

Date Of Appointment 01/03/2021

Name Of Person

Loh Kim Kang David

Age 57

Country Of Principal Residence

Singapore

Date of last re-appointment (if applicable)

25/04/2019

The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)

Mr Loh Kim Kang David ("Mr Loh") is currently a Non-Executive Director, a Joint Chairman of the Board and a controlling shareholder of the Company. The Board, having considered Mr Loh's experience, capabilities and familiarity with the business of the Company and its subsidiaries (the "Group") as well as his business network, concurred with the recommendation of the Nominating Committee and approved the re-designation of Mr Loh from Non-Executive Director to Executive Director. Mr Loh will remain as Joint Chairman of the Board.

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

Executive. Mr Loh is responsible for the formulation of corporate and business strategies of the Company and will remain as Joint Chairman of the Board and lead the execution of strategic growth plans of the Group subsequent to his re-designation from Non-Executive Director to Executive Director.

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

Executive Director and Joint Chairman of the Board

Professional qualifications

Bachelor of Science from the University of Oregon

Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries

Mr Loh is a Principal and Director of Centurion Global Ltd, a controlling shareholder of the Company, and is also the maternal cousin of Mr Han Seng Juan ("Mr Han"). Mr Han is a Non-Executive Director, a Joint Chairman of the Board and a controlling shareholder of the Company.

Conflict of interests (including any competing business)

None

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

Mr Loh has over 20 years of experience in the investment and brokerage industry. Mr Loh has been a Principal and Director of Centurion Global Ltd, a controlling shareholder of the Company, since April 2008 to present. He previously worked at UOB Kay Hian Pte. Ltd. (formerly known as Kay Hian Pte Ltd) where his last position was Director (Business Development Consultant) from July 2009 to March 2010. He was a Director (Dealing) from July 2007 to June 2009, Executive Director (Dealing) from July 1999 to July 2007 and Associate Director (Dealing) from July 1996 to July 1999. He was a Managing Director (Management)at UOB Kay Hian (Hong Kong) Ltd (formerly known as Kay Hian Overseas Securities Ltd) from July 1999 to October 2001. Prior to joining UOB Kay Hian Pte Ltd, he was with OUB Securities Pte Ltd as Dealing Director from August 1995 to June 1996. Mr Loh started his career as Dealer (Dealing Director) at Ong & Company Pte. Ltd. from November 1989 to August 1995.

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

Yes

Shareholding interest in the listed issuer and its subsidiaries?

Yes

Shareholding Details

Mr Loh has a direct interest in 37,986,350 ordinary shares and is also deemed to have an interest in an aggregate of 425,956,126 ordinary shares of the Company.

Mr Loh, who by virtue of his individual interest of not less than 20% of the issued share capital of the Company, is deemed to have an interest in the shares of the subsidiaries held by the Company.

Mr Loh is also directly interested in the fixed rate notes due 2024 issued by the Company for an aggregate principal amount of S$500,000.

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

Past (for the last 5 years)

Novage Bioscience Ltd

Present

• (1) Cape Incorporation Limited

• (2) Centurion Corporation Limited

• (3) Centurion Global Ltd

• (4) Centurion Management and Consultancy Services Pte Ltd

• (5) Centurion Private Equity Ltd

• (6) Centurion US Student Housing Fund

• (7) Dloh Strategic Development Pte. Ltd.

• (8) Luxnovo Asia Ltd

• (9) Ohmyhome Pte Ltd

• (10) PC Portfolio Pte. Ltd.

• (11) Vienna Management Ltd

(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?

No

(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 thatentity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?

No

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

No

(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?

No

(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?

No

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

No

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

No

(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?

No

(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?

No

(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

No

(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

No

(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

No

(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?

No

(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?

No

Any prior experience as a director of an issuer listed on the Exchange?

Yes

If Yes, Please provide details of prior experience

Mr Loh has been a Non-Executive Director of the Company since 8 May 2015.