SHS Holdings Ltd. announced resignation of Lee Kuo Chuen, Role And Responsibilities; Independent Director. Job Title: Independent Director, Chairman of the Nominating Committee and member of the Audit and Remuneration Committees. Reason For Cessation; As part of the board renewal process, Mr. Lee Kuo Chuen, who has served as an Independent Director for a consecutive period of 9 years, has resigned as an Independent Director.

Consequent to his resignation as an Independent Director, he will also be vacating his positions as Chairman of the Nominating Committee as well as member of the Audit and Remuneration Committee.