The Board of Directors (the "Board") of Samudera Shipping Line Ltd. ("the Company") announce the following: Mr. Ridwan Hamid has been redesignated from Chief Financial Officer to Executive Director, Group Business Support, with immediate effect, and will continue his executive role as Executive Director for the Company. Mr. Tan Meng Toon has been redesignated from Executive Director, Commercial to Executive Director, Group Business Operation, with immediate effect, and will continue his executive role for the Company. Mr. Thomas Lee Thuan Aun has been redesignated from Deputy Director, Commercial to Managing Director, Head of Commercial, with immediate effect, and will continue his executive role for the Company.

Mr. Trisnadi Sukur Muslim Mulia has been redesignated from Deputy Director, Finance to Managing Director, Head of Strategy & Business Development, with effect from 1 November 2022. Ms Agnes Wong Pui Yee has been appointed as Managing Director, Head of Finance, with effect from 1 November 2022. Following the above changes, the Board of Directors and Key Management Personnel of the Company will be as follows: Masli Mulia: Chairman, Non-Independent and Non-Executive Director; Bani Maulana Mulia: Executive Director and Group Chief Executive Officer, Ridwan Hamid: Executive Director, Group Business Support, Tan Meng Toon: Executive Director, Group Business Operation, Quah Ban Huat: Lead Independent and Non-Executive Director, Nicholas Peter Ballas: Independent and Non-Executive Director, Ng Chee Keong: Independent and Non-Executive Director, Lee Lay Eng Juliana: Independent and Non-Executive Director.

Key Management Personnel: Thomas Lee Thuan Aun: Managing Director, Head of Commercial, Trisnadi Sukur Muslim Mulia: Managing Director, Head of Strategy & Business Development, Agnes Wong Pui Yee: Managing Director, Head of Finance.