Keppel Corporation Limited announced the following appointments /changes with effect from 1 January 2024: The appointment of Mr. Jimmy Ng as a member of the Audit Committee. The Board considers Mr. Ng as an independent director for the purposes of Rule 704(8) of the Listing Manual. The appointment of Mr. Shirish Apte, an Independent Director of the Board, as a member of the Remuneration Committee and Nominating Committee.

In view of these new appointments, Mr. Apte will step down as a member of the Audit Committee. The appointment of Mr. Tham Sai Choy, an Independent Director of the Board, as a member of the Nominating Committee. Mr. Ng sits on the Board of the Company as its Independent Director and is currently also a member of the Board Risk Committee.

Mr. Ng is the Group Head of Operations at DBS Bank. During his tenure with DBS, Mr. Ng also had an Audit role which saw him reimagining the audit function with his Future of Auditing initiative, using data analytics and machine learning techniques in the implementation of new auditing approaches. Under his leadership, the Audit group won a host of external accolades including two awards from Institute of Engineering Singapore (IES) for Engineering Achievement in Singapore and ASEAN.

Mr. Ng has a BSc degree in Information Systems from National University of Singapore and a Masters in Business Administration from Nanyang Technological University. Composition of Company's Board Committees with effect from 1 January 2024: Danny Teoh as Member of Nominating Committee, Remuneration Committee, Board Sustainability and Safety Committee; Loh Chin Hua as Member of Board Sustainability and Safety Committee; Till Vestring (I) as Member of Nominating Committee and Chairman of Remuneration Committee; Veronica Eng (I) as Member of Audit Committee and Chairman of Board Risk Committee; Jean Francois Manzoni (I) as Chairman of Nominating Committee and Member of Remuneration Committee; Teo Siong Seng as Chairman of Board Sustainability and Safety Committee; Tham Sai Choy (I) as Chairman of Audit Committee and Member of Nominating Committee, Board Risk Committee; Penny Goh (I) as Member of Audit Committee, Remuneration Committee, Board Risk Committee; Shirish Apte (I) as Member of Nominating Committee, Remuneration Committee, Board Risk Committee; Olivier Blum (I) as Member of Board Sustainability and Safety Committee; Jimmy Ng (I) as Member of Audit Committee, Board Risk Committee; Ang Wan Ching (I) as Member of Audit Committee, Board Risk Committee.