The Board of Directors of Cordlife Group Limited announced the appointment of Ms. Chen Xiaoling, Mr. Yiu Ming Yiu, and Mr. Chow Wai Leong as Non-Independent Non-Executive Directors ("NINED") of the Company, and Mr. Cheong Tuck Yan Titus Jim ("Mr Cheong") as an Independent Director ("ID") of the Company with effect from 01 December 2021. Mr. Cheong is considered independent for the purposes of Rule 704(8) of the Listing Manual of Singapore Exchange Securities Trading Limited ("SGX-ST"). The Board also announced the resignation of Ms Wang Lin as a NINED of the company with effect from 01 December 2021. The Board announced the appointment of Mr. Joseph Wong Wai Leung ("Mr Wong"), an ID of the Company as Chairman of the Board with effect from 01 December 2021. Mr. Wong has extensive experience in the financial services industry, having started his career with PricewaterhouseCoopers and Deloitte, and subsequently worked at Credit Agricole (Suisse), Hong Kong in the field of wealth management. The Board announced the re-designation of Dr Ho Choon Hou ("Dr Ho") from ID to NINED with effect from 01 December 2021. Dr. Ho was appointed as a Director of the Company on 16 June 2011 prior to the Company's initial public offering ("IPO") and listing on the SGX-ST on 29 March 2012. Pursuant to Rule 210(5)(d)(iii) of the Listing Manual of the SGX-ST which would come into effect from 01 January 2022, Dr Ho, having served the Board for more than 9 years would be considered non-independent with effect from 01 January 2022. With the changes in the Board composition, the Board agreed to coincide his re-designation to take effect on 01 December 2021. Change in the composition of the board committees. With the above changes, the Board wishes to announce that the Board and the Board Committees would be reconstituted as follows with effect from 01 December 2021: Mr. Joseph Wong Wai Leung, Chairman, Independent Director ("ID"); Dr. Ho Choon Hou, Vice Chairman, Non-Independent Non-Executive Director ("NINED"); Ms Tan Poh Lan, Executive Director and Group Chief Executive Officer; Mr. Yeo Hwee Tiong, ID; Mr. Cheong Tuck Yan Titus Jim ID; Mr. Zhai Lingyun, NINED; Ms Chen Xiaoling, NINED; Mr. Yiu Ming You, NINED; Mr. Chow Wai Leong, NINED. Audit and Risk Committee: Mr. Joseph Wong Wai Leung, Chairman /ID; Mr. Yeo Hwee Tiong, Member /ID; Mr. Cheong Tuck Yan Titus Jim, Member /ID; Dr. Ho Choon Hou, Member /NINED; Mr. Yiu Ming You, Member /NINED. Nominating Committee: Mr. Yeo Hwee Tiong, Chairman /ID; Mr. Cheong Tuck Yan Titus Jim, Member /ID; Mr. Zhai Lingyun, Member /NINED. Remuneration Committee: Mr. Yeo Hwee Tiong, Chairman /ID; Mr. Cheong Tuck Yan Titus Jim, Member /ID; Mr. Joseph Wong Wai Leung, Member /ID; Mr. Chow Wai Leong, Member /NINED.