PNE Industries Ltd. announced retirement of Tan Lee Khiang as Independent Director at the Annual General Meeting and ceased to be the Chairman of Nominating Committee and a member of Audit Committee and Remuneration Committee. As part of the Board renewal process, Mr. Tan Lee Khiang will be retiring by rotation pursuant to Regulation 93 of the Constitution of PNE Industries Ltd. (PNE). The Board and Management of PNE would like to express their gratitude to Mr. Tan Lee Khiang for his invaluable contributions and guidance to the Board and the PNE Group.

Upon his retirement from the Board at the conclusion of the annual general meeting to be held on 18 January 2024, Mr. Tan Lee Khiang will also step down as Chairman of Nominating Committee and a member of both the Audit and Remuneration Committees. Other Directorships Present: TechnoMEC Resources Pte Ltd. AFS Sejahtera Pte Ltd. Bramar Sejahtera Pte Ltd. Unigemilang Investama (S) Pte Ltd.