Halcyon Agri Corporation Limited Announces Retirement of Alan Rupert Nisbet as Lead Non-Executive Independent Director; Chairman of Audit Committee; Member of Nominating, Remuneration as Well as the Strategy and Investment Committees

Halcyon Agri Corporation Limited announced retirement of ALAN RUPERT NISBET as Lead Non-executive Independent Director; Chairman of Audit Committee; Member of Nominating, Remuneration as well as the Strategy and Investment Committees. The effective date of retirement will be the date of the 2022 AGM. Mr. Nisbet sits on the Company's Board of Directors (the "Board") as an Independent Director for a continuous period of more than nine (9) years.

He has expressed his intention to retire at the 2022 AGM and will not be seeking re-election, to support progressive renewal of the Board. Mr. Alan Rupert Nisbet ("Mr Nisbet"), who will retire from office by rotation in the Company's annual general meeting in respect of the financial year ended 31 December 2021 ("2022 AGM") pursuant to Regulation 91 of the Constitution of the Company, has indicated that he will not be seeking re-election as a Director of the Company.