OKP Holdings Limited announced retirement of Chen Seow Phun, John as Lead Independent Director. Role And Responsibilities: Duties of the Lead Independent Director, Chairman of the Audit Committee and member of the Nominating Committee and Remuneration Committee. Reason For Cessation: Dr. Chen Seow Phun, John has served on the Board for more than nine years and will cease to be considered independent upon the conclusion of the Company's Annual General Meeting to be held on 23 April 2024, Dr. Chen has informed the Board of his wish to retire from office at the close of the said Annual General Meeting.

Upon his retirement, he will cease to be the Lead Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee.