The Board of Directors (the "Board") of OUE Limited announced the following changes to the compositions of the Board and the Board Committees with effect from 1 April 2024: Mr. Sin Boon Ann will be redesignated as the Deputy Chairman of the Board in place of Mr. Christopher James Williams. He will remain as a member of each of the Nominating Committee ("NC") and the Remuneration Committee ("RC"); Dr. Lim Boh Soon will be appointed as the Chairman of the AC in place of Mr. Kelvin Lo Kee Wai. He will cease to be the Chairman of each of the NC and the RC, but will remain as a member ofeach of the NC and the RC. He will also remain as the Lead Independent Director; and Ms Goh Min Yen will be appointed as the Chairman of each of the NC and the RC in place of Dr. Lim Boh Soon, and as a member of the AC.

The Board considers Ms Goh to be independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited. Audit Committee consists of Dr. Lim Boh Soon as Chairman, Mr. Kin Chan, Ms Goh Min Yen as Member. No minating Committee consists of Ms Goh Min Yen as Chairman, Mr. Sin Boon Ann and Dr. Lim Boh Soon as Member.

Remuneration Committee consists of Ms Goh Min Yen as Chairman, Mr. Sin Boon Ann and Dr. Lim Boh Soon as Member.