QAF Limited appointed announced that upon the recommendation of the Nominating Committee, the Board of Directors has approved the appointment of Mr. Yeo taking into account, amongst others, his extensive global experience and network, public and private sector experience including leadership and senior roles in a variety of industries and market sectors, and his experience as a director of SGX-listed companies including as chairman and member of various board committees. The Board of Directors considers Mr. Philip Yeo to be Non-executive, Independent Director Audit & Risk Committee (Member). Working Experience: Chairman, Economic Development Innovations Singapore Pte Ltd. (2013 - Present) Chairman, SPRING (Standards, Productivity and Innovation for Growth) Singapore (2007 - 2018) Special Advisor for Economic Development, Prime Minister's Office (2007 - 2011).

Other DirectorShips Past: Galaxis Ventures (S) Pte Ltd. (2016 - 2018) Hitachi Ltd. (2012 - 2018) Kerry Logistics Network Limited (2013 - 2021). Other DirectorShips Present: Accuron Technologies Limited Advanced MedTech Holdings Pte Ltd. AtumRa Therapeutics Pte Ltd. AbAsia Biolabs Pte Ltd. Biopolis Ventures Pte Ltd. City Developments Limited Economic Development Innovations Singapore Pte Ltd. Hexagon Development Advisors Pte Ltd. IGlobe Partners (II) Pte Ltd. IGlobe Platinum Fund Limited IGlobe Platinum Fund II Pte Ltd. IGlobe Platinum Fund III Limited JobTech Pte Ltd. MTIC Holdings Pte Ltd. P*Yeo Investments Pte Ltd. Singapore Aerospace Manufacturing Pte Ltd. St. Joseph's Institution Philanthropic Fund for the Lasallian Mission Ltd. Baiterek National Managing Holding JSC, Kazakhstan Symbiosis Ventures Management Sdn Bhd Sunway Berhad Dornier Medtech GmbH (Munchen).

Director Experience Details: Director, City Developments Limited (2009 - Present) Director, United Overseas Bank Limited (2000 - 2012) Director, CapitaLand Limited (1999 - 2004) Director, Sembcorp Industries Ltd. (1998 - 1999). Event Description: Refer to the information below in relation to the appointment of Mr. Philip Yeo Liat Kok to the QAF Board of Directors with effect from 1 November 2022. Professional Qualifications: Bachelor of Applied Science (Industrial Engineering) and Honorary Doctor of Engineering from the University of Toronto, Canada Honorary Doctor in Medicine from the Karolinska Institutet, Sweden Master of Science (Systems Engineering) from the University of Singapore Master of Business Administration from Harvard University, USA Honorary Doctor of Science from Imperial College, London Honorary Doctor of Letters from National University of Singapore Honorary Doctor of Law from Monash University, Australia Honorary Fellow of King's College, London.