S E A Holdings Limited Mr. Chung Pui Lam, an Independent Non-executive Director of the Company, will retire from office by rotation at the forthcoming annual general meeting of the Company to be held on 24 May 2024 in accordance with the Company's Bye-Laws and he has informed the Company that he will not seek re-election at the AGM in order to devote more time to his other commitments and areas of interest. Mr. Chung will retire as an INED and cease to be the chairman of the Remuneration Committee and a member of Audit Committee of the Company with effect from the conclusion of the AGM. Mr. Chung has been serving on the Board for nearly 20 years since his appointment as an INED in September 2004.

His professional legal experience provides independent views on the development, performance and risk management of the Group and enhances the professional knowledge of the Board in legal and compliance areas. The directors of the Company as at the date of this announcement are: Executive Directors: Mr. Lu Wing Chi, Jesse (Chairman), Mr. Lambert Lu (Chief Executive), Mr. Yap Shee Liam (Chief Financial Officer). Independent Non-executive Directors: Mr. Walujo Santoso, Wally, Mr. Chung Pui Lam, Mr. Chan Kwok Wai, Mr. Lo Wai Tung Welman.