Mermaid Maritime Public Company Limited Announces Cessation of Jan Jozef Skorupa as Non-Executive and Independent Director, Chairman of Nomination Committee, and Member of Audit Committee and Remuneration Committee, Effective 25 April 2024

Mermaid Maritime Public Company Limited announced cessation of Dr. Jan Jozef Skorupa as Non-Executive and Independent Director, the Chairman of the Nomination Committee, and a member of the Audit Committee and the Remuneration Committee. Other DirectorShips Present: Managing Director, Clesol Co. Ltd. Reason for cessation: As part of the board renewal plan and following changes in the SGX Listing Rules, Dr Jan Jozef Skorupa having served as an Independent Director for more than 10 years, will step down from the Board with effect from 25 April 2024.

Upon his cessation as Independent Director, he will relinquish his positions as Chairman of the Nomination Committee and a member of the Audit Committee and Remuneration Committee.