Jiutian Chemical Group Limited announced retirement of Mr. Chen Mingjin as Non-Executive and Independent Director. Due to other personal commitments and as part of the Board's renewal process, Mr. Chen Mingjin ("Mr Chen") will voluntary retire from his position as Non-Executive and Independent Director on 25 April 2024. The Board would like to express its gratitude towards Mr. Chen for his valuable and significant contributions to the Company during his tenure of service.

The Nominating Committee and the Board are in the final stages of assessing potential candidates to replace Mr. Chen as part of the Board renewal process and to ensure compliance with the Listing Manual and/or the Code of Corporate Governance. The Company will make announcement(s) regarding the appointment of new director, and/or revision to the composition of the Board and its Committees on the SGXNet, once details become available. After having interviewed Mr. Chen and to the best of its knowledge, the Company's Sponsor is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Mr. Chen as the Non-Executive and Independent Director of the Company.