GuocoLand Limited announced that Mr. Moses Lee Kim Poo who will be retiring by rotation at the Company's forthcoming Annual General Meeting to be held on 14 October 2022 has notified that he will not seek re-election, having served on the Board of Directors for almost 9 years since 1 November 2013. Accordingly, Mr. Lee will cease to be Chairman of the Board and the Company at the conclusion of the AGM. In accordance with the Constitution of the Company, the Board of Directors has concurred to appoint Mr. Quek Leng Chan, a Non-Independent Non-Executive Director, as Chairman of the Board and the Company upon the conclusion of the AGM.