IOI Corporation Berhad Announces Retirement of Datuk Karownakaran @ Karunakaran A/L Ramasamy as Independent and Non Executive Member of Nomination and Remuneration Committee, Effective on October 31, 2022

IOI Corporation Berhad announced retirement of Datuk Karownakaran @ Karunakaran A/L Ramasamy, age 72, as Independent and Non Executive Member of Nomination and Remuneration Committee. The date of change is October 31, 2022. The new composition of the Governance, Nominating and Remuneration Committee will be as follows after 31 October 2022:- Tan Sri Dr. Rahamat Bivi binti Yusoff (Chairman) - Independent Non-Executive Director.

Cheah Tek Kuang (Member) - Non-Independent Non-Executive Director. Dr. Nesadurai Kalanithi (Member) - Independent Non-Executive Director.