The Board of Directors of Pollux Properties Ltd. announced the following: Mr. Low Chai Chong ("Mr Low") will resign as an Independent Director with effect from 30 June 2021. Accordingly, Mr. Low will also cease as the Chairman of the Board, Chairman of the Remuneration Committee ("RNC"), member of the Audit Committee ("AC") and the Lead Independent Director of the Company with effect from 30 June 2021. The Board noted that, following the resignation of Mr. Low, the AC will be unable to meet the requirement of Rule 704(7) of the Catalist Rules. The Board shall endeavour to fill the vacancy within two (2) months, and in any case not later than three (3) months. The Company is in the midst of identifying a candidate to fill the vacancy of the Chairman of the Board and offices in the Board Committees.