OKP Holdings Limited announced retirement of Nirumalan s/o V Kanapathi Pillai as Independent Director. Role And Responsibilities: Duties of the Independent Director, Chairman of the Remuneration Committee and member of the Audit Committee and Nominating Committee. Reason For Cessation: Mr. Nirumalan s/o V Kanapathi Pillai 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, pursuant to Rule 210(5)(d)(iv) of the Listing Manual of the Singapore Exchange Securities Trading Limited.

Mr. Pillai 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 an Independent Director, Chairman of the Remuneration Committee and a member of the Audit Committee and Nominating Committee.