The Board of Directors of IPC Corporation Ltd. having reviewed the experience and credentials of Tan Cher Liang is satisfied that Mr. Tan has the requisite experience and capability to assume the role of an Independent Director. Mr. Tan is currently an Independent Non-Executive Director of Ezra Group Limited, Food Empire Holdings Limited, Jumbo Group Limited, Kingsmen Creatives Limited, Vibrant Group Limited and Wilton Resources Corporation Ltd, all listed on the Singapore Stock Exchange.