Hoe Leong Corporation Ltd. announced that Mr. Yeo Puay Hin, the Executive Director of the Company, will be appointed as a member of the Nominating Committee with effect from 1 January 2024; Mr. Wee Sung Leng has been redesignated from the Audit Committee Chairman to the Remuneration Committee Chairman with effect from 1 January 2024; and Mr. Kuan Cheng Tuck has been redesignated from the Remuneration Committee Chairman to the Audit Committee Chairman with effect from 1 January 2024. Following the above appointment and redesignations, the composition of the Board and the re- constituted Board Committees are as follows:- Board of Directors: Yeo Puay Hin, Executive Director and Chief Executive Officer ("CEO"). Lee Chin Chai-Independent Director, Wee Sung Leng-Independent Director and Kuan Cheng Tuck-Independent Director.

Audit Committee: Kuan Cheng Tuck-Chairman, Lee Chin Chai-Member and Wee Sung Leng-Member. Remuneration Committee: Wee Sung Leng-Chairman, Lee Chin Chai-Member and Kuan Cheng Tuck-Member. Nominating Committee: Lee Chin Chai-Chairman, Kuan Cheng Tuck-Member and Yeo Puay Hin-Member.