The board of Republic Healthcare Limited announced that Mr. Wong Yee Leong has been appointed as an independent non-executive Director of the Company as well as the chairman of the Company's nomination committee and a member of each of the Company's audit committee and remuneration committee with effect from 28 November 2022. Mr. Wong, aged 58, has more than 28 years of experience in information technology and business management. He is the founder of EVVO Labs Pte Ltd, which is principally engaged in providing engineering solutions in areas of artificial intelligence, blockchain, cybersecurity, digital media digital transformation, and cloud computing.

Mr. Wong obtained a bachelor degree of business administration from the University of Texas at Austin in 1990. He is currently a senior advisor of AlibabaCloud (since 2021), Prime Asia Asset Management Pte Ltd. (since 2018), FM One International Pte Ltd. (since 2022) and Skyark Chronicals Holdings Pte Ltd. (since 2021). Mr. Wong has entered into a service agreement with the Company as an independent non-executive Director for a fixed term of one year.

Mr. Wong is subject to retirement by rotation and re-election at the general meeting of the Company in accordance with the articles of association of the Company. Mr. Wong is entitled to a director's fee of SGD24,000 per annum, which has been determined by the Board upon the recommendation of the Remuneration Committee by reference to his qualifications, experience, duties and responsibilities within the Group and the prevailing market conditions. Following the appointment of Mr. Wong with effect from 28 November 2022, both the Board and the Audit Committee comprise three independent non-executive Directors.

As such, the Company has re- complied with the requirements under Rules 5.05 and 5.28 of the GEM Listing Rules.