The Board of Directors of Food Empire Holdings Limited announced the Re-designation of Mr. Ong Kian Min from Independent Non-Executive Director to Non-Executive Non-Independent Director with effect from 1 January 2022. Mr. Ong Kian Min has served on the Board for an aggregate period of more than 9 years since his appointment as an Independent Director and will not be considered independent under Rule 210(5)(d)(iii) of the Listing Manual of the Singapore Exchange Securities Trading Limited with effect from 1 January 2022. In view of Mr. Ong's capabilities, qualifications, experience and his vast knowledge of the operations of the Food Empire Group, the Nominating Committee believes that Mr. Ong can continue to contribute effectively to the Board. Based on the Nominating Committee's recommendation, the Board approved that Mr. Ong be redesignated from Independent Non-Executive Director to Non-Executive Non-Independent Director of the Company. Consequent to Mr. Ong's redesignation as Non-Executive Non-Independent Director, Mr. Ong will cease to be the Lead Independent Director, Chairman of Remuneration Committee and Nominating Committee, and member of Audit Committee. The Board, after taking into consideration of the Nominating Committee's recommendation, approved that Mr. Ong remains as a member of the Nominating Committee. Appointment of Mr. Adrian Chan Pengee as an additional Independent Non-Executive Director of the Company, Chairman of the Remuneration Committee and Member of the Audit Committee and Nominating Committee; Appointment of Mr. Saw Meng Tee as Lead Independent Director with effect from 1 January 2022; and Appointment of Mr. Tan Cher Liang as Chairman of the Nominating Committee with effect from 1 January 2022.