GuocoLand Limited announced that Jennie Chua Kheng Yeng would be retiring as an Independent Non-Executive Director of the Company with effect from 4 August 2022, having served on the Board of Directors for 9 years. Accordingly, Ms Chua would cease to be a Member of the Remuneration Committee. The Board of Directors of the Company appoints Mr. Saw Kok Wei as a Member of the Remuneration Committee with effect from 5 August 2022.

Mr. Saw, who is currently the Chairman of the Audit and Risk Committee and a member of the Nominating Committee, is an Independent Non-Executive Director of the Company.