Hiap Teck Venture Berhad Announces resignation of Mr. Sherman Lam Yuen Suen, 50-year-old, male, as Independent and Non Executive Chairman of Remuneration Committee effective December 15, 2023. Composition of Remuneration Committee(Name and Directorate of members after change): 1. DATO' OOI LAY SEE (INDEPENDENT NON-EXECUTIVE DIRECTOR, CHAIRMAN OF NOMINATION AND REMUNERATION COMMITTEE); 2. MR. SHERMAN LAM YUEN SUEN (SENIOR INDEPENDENT NON-EXECUTIVE DIRECTOR, MEMBER OF NOMINATION AND REMUNERATION COMMITTEE); 3. MR. CHEN THIEN YIN (INDEPENDENT NON-EXECUTIVE DIRECTOR, MEMBER OF NOMINATION AND REMUNERATION COMMITTEE).