The Nominating Committee of PEC Ltd. has reviewed Ms. Yvonne Tan's curriculum vitae and declaration of independence, and has concluded that Ms Yvonne Tan has met the requisite standards as required by the Code of Corporate Governance 2018 (the "Code") and is also satisfied that Ms Yvonne tan is considered independent under the Code. The Nominating Committee has recommended the appointment of Ms Yvonne Tan as an Independent Director of the Company and the Board of Directors has approved her appointment based on her qualifications and experience. Job Title: Independent Director and a member of the Audit and Risk Management Committee, Nominating Committee and Remuneration Committee.

Effective from September 8, 2023. Working Experience: PreceptsGroup International Pte Ltd, Group General Counsel (2022- current) Bih Li & Lee LLP, Advocates and Solicitors (2021-2022) ExxonMobil Asia Pacific Pte Ltd. (1989-2020) Senior Legal Counsel (2018-2020) Lubes Law Coordinator Asia Pacific (2016 to 2019) ExxonMobil Chemical Asia /ExxonMobil Asia Pacific trading as EXTAP (Oil trading division)/Esso Korea Inc(Gas), Mobil Korea Lubricants Oil Co. (remote from Singapore) /Esso Singapore Pte Ltd. (the Pre-ExxonMobil merger entity from 1989 -2000).

Other DirectorShips Past: Ptarmigan Niseko Pte Ltd. b. Ptarmigan Services Limited. Professional Qualifications: Bachelor of Laws Hons, Second Class Upper Honours - National University of Singapore. Admitted to Singapore Bar - 1985.

With effect from 8 September 2023, the composition of the Board and Board Committees shall be as follows: Board of Directors: Ms Edna Ko Poh Thim (Executive Chairman), Mr. Robert Dompeling (Group Chief Executive Officer), Mr. Wong Peng (Non-Executive and Non-Independent Director), Mr. David Wong Cheong Fook (Non-Executive and Non-Independent Director), Ms Joy Tan Whei Mien (Lead Independent Director), Mr. Pek Hak Bin (Independent Director), Mr. Winston Ngan Wan Sing (Independent Director), Ms Yvonne Tan (Independent Director). Audit and Risk Management Committee: Mr. Winston Ngan Wan Sing (Chairman), Mr. David Wong Cheong Fook, Ms Joy Tan Whei Mien, Mr. Pek Hak Bin, Ms Yvonne Tan. Nominating Committee: Ms Joy Tan Whei Mien (Chairman), Mr. David Wong Cheong Fook, Mr. Pek Hak Bin, Mr. Winston Ngan Wan Sing, Ms Yvonne Tan, Remuneration Committee: Mr. Pek Hak Bin (Chairman), Mr. David Wong Cheong Fook, Ms Joy Tan Whei Mien, Mr. Winston Ngan Wan Sing, Ms Yvonne Tan.