The Board of Directors of Hotel Royal Limited announced the following changes: In line with the Board's renewal process, Dr Tan Kim Song ("Dr Tan") who would have served as an Independent and Non-Executive Director of the Company for an aggregate period of nine years on 2 March 2024, has decided to step down as Independent and Non-Executive Director and concurrently ceased to be the Chairman of the Audit and Risk Committee and member of Nominating Committee and Remuneration Committee with effect from 28 February 2024. Following the cessation of Dr Tan as an Independent Director of the Company, Mr. Leow Chung Chong Yam Soon, an Independent Director of the Company, will be appointed as Chairman of the Audit and Risk Committee in place of Dr Tan. Subsequent to the abovementioned changes, the composition of the Board and the Board Committees of the Company shall be as follows, with immediate effect: Audit and Risk Committee: Mr. Leow Chung Chong Yam Soon - Chairman; Mr. Yang Wen-Wei - Member; Mr. Lee Khin Tien - Member; Nominating Committee: Mr. Yang Wen-Wei - Chairman; Mr. Leow Chung Chong Yam Soon - Member; Mr. Lee Khin Tien - Member; Remuneration Committee: Mr. Yang Wen-Wei - Chairman; Mr. Leow Chung Chong Yam Soon - Member; Mr. Lee Khin Tien - Member.