Hiap Hoe Limited appointed Kwok Chui Lian as Non-Executive and Independent Director and Chairman of the Nominating Committee. Role And Responsibilities: No, the appointment is not executive. Working Experience: 1. Advisor to the Chief Executive Officer of Resona Merchant Bank Asia Limited (July 2017 to present) 2. President and Chief Executive Officer of AFC Merchant Bank (January 2008 to July 2017).

Director Experience Details: Hiap Hoe Limited (September 2012 to April 2015). Event Description: Appointment of Non-Executive and Independent Director, Chairman of the Nominating Committee, and Member of Audit and Risk Committee and Remuneration Committee. Professional Qualifications: 1. Fellow member of the Singapore Association of the Institute of Chartered Secretaries and Administrators 2. Fellow member of the Singapore Institute of Directors.

Board Comments: The Board of the Company, having reviewed and considered the Nominating Committee's assessment of Ms Kwok Chui Lian's qualifications and work experience, is of the view that Ms Kwok Chui Lian possesses the requisite experience and capabilities to assume the responsibilities as an Independent Director of the Company. Ms Kwok Chui Lian is considered independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited. Date of appointment is January 2, 2024.