Santak Holdings Limited announced that Board of Directors, after considering the recommendation of the Nominating Committee and the curriculum vitae of Mr. Chen Yeow Sin ("Mr Chen"), is satisfied that Mr. Chen possesses relevant experience, expertise, knowledge and skills to contribute to the core competencies of the Board. In this respect, the Board approves his appointment as an Independent Non-Executive Director of the Company. He will be appointed as Chairman of Nominating Committee ("NC") and as a member of the Audit Committee ("AC") and Remuneration Committee ("RC").

The Board considers Mr. Chen to be independent for the purposes of Rule 704(7) of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited. Role And Responsibilities: The appointment is non-executive. Job Title: Independent Non-Executive Director, Chairman of NC, Member of AC and RC.

Working Experience: 2012 to Present Managing Director, One Partnership PAC. Other DirectorShips Past: 1. Healthway Medical Corporation Limited 2. Rim Lae Engineering Pte. Ltd. 3. Bridge of Dreams Pte.

Ltd. (f.k.a High Bridge Champion Pte. Limited) 4. Cre Eight Tech Pte. Ltd. 5. Cardio Asia Pte.

Ltd. 6. Island Advisors Pte. Ltd. 7. Vnnet Holding Pte. Ltd. (f.k.a. Indochina Sun Pte.

Ltd.) 8. Swan Global Pte. Ltd. 9. Mckenzie Inter Trade Pte. Ltd. 10.

Three Oceans Pte. Ltd. 11. Arum Organics Pte.

Ltd. 12. Copro Globals Pte. Ltd. 13.

Shin Nippon Biomedical, Singapore Branch 14. Uniplas Corporation, Singapore Branch. Other DirectorShips Present: Principal Commitments including Directorships 1. One Consulting Group Pte.

Ltd. 2. One Financial Advisory Services Pte. Ltd. 3. One e-Risk Services Pte. Ltd. 4. One Tax Services Pte.

Ltd. 5. One Partnership PAC 6. One Outsource Services Pte. Ltd. Director Experience Details: Details 1. Healthway Medical Corporation Limited 2. Imperium Crown Limited 3. Metax Engineering Corporation Limited 4. Sitra Holdings (International) Limited. Professional Qualifications: Bachelor of Science (Honours) Degree, University of London Fellow Singapore Chartered Accountant Fellow Chartered Accountants in England and Wales.