The Board of Directors of IPC Corporation Ltd. announced the appointment of Mr. Tan Cher Liang ("Mr. Tan") as Lead Independent Director, Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee of the company. Following the aforesaid changes, the composition of the Board Committees are as follows: Audit Committee: Lee Joo Hai - Chairman, Independent Director, Tan Cher Liang - Member, Lead Independent Director and Tan Sin Huat, Dennis - Member, Independent Director. Nominating Committee: Tan Cher Liang - Chairman, Lead Independent Director, Lee Joo Hai - Member, Independent Director and Ngiam Mia Je Patrick - Member, Board Chairman & Chief Executive Officer (Alternate - Ngiam Mia Kiat Benjamin). Remuneration Committee: Tan Sin Huat, Dennis - Chairman, Independent Director, Lee Joo Hai - Member, Independent Director and Tan Cher Liang - Member, Lead Independent Director.