Ornapaper Berhad cessation of Siow Kee Yen as Independent and Non Executive Chairman of Audit Committee. Age is 52. Date of change is May 31, 2023.

Composition of Audit Committee includes Mr. Lim Kit Ming (Chairman, Independent Non-Executive Director), (2) Mr. Tan Chin Hwee (Member, Independent Non-Executive Director) and (3) Ms. Sean Ne Teo (Member, Independent Non-Executive Director). Mr. Siow Kee Yen, who was appointed on 2 December 2002, had exceeded his maximum twelve (12)-year term limit as an Independent Director as defined under the amendments to the Main Market Listing Requirements ("MMLR") of Bursa Malaysia Securities Berhad ("Bursa Securities") which will take effect on 1 June 2023. He did not wish to be re-designated as Non-Independent Non-Executive Director of the Company.

Therefore, he retired as Independent Non-Executive Director of the Company in compliance with the MMLR of Bursa Securities and pursuant to the Malaysian Code on Corporate Governance 2021 at the conclusion of the Twenty-First Annual General Meeting held on 31 May 2023. Mr. Siow Kee Yen then ceased to be the Chairman of Audit Committee accordingly.