Singapura Finance Ltd. announced that the Board had considered, among others, the recommendation of the Nominating Committee and has reviewed Mrs. Yu-Foo's credentials, experience and suitability and has approved the appointment of Mrs. YU-FOO YEE SHOON as Chairman of the Board with effect from 29 February 2024, following the cessation of Mr. Teo Chiang Long as Executive Chairman. Appointment Date is February 29, 2024. following the cessation of Mr. Teo Chiang Long as Executive Chairman.

Working experience: Mrs. Yu-Foo started her career with the National Trades Union Congress (NTUC). She was Deputy Secretary General of NTUC, Senior Parliamentary Secretary for Ministry of Community Development and Sports, the first woman mayor in Singapore before she became Minister of State for Ministry of Community Development, Youth and Sports. She retired from politics in 2011 after 27 years of services.

Other directorships Past: 1. ARA Trust Management (Dynasty) Pte Ltd. 2. Lee Kuan Yew Fund for Bilingualism 3. Advisor to Elomart Pte Ltd. 4. Summer Hotel Holdings 5. Chairman of TCM Practitioners Board, Ministry of Health 6. ED+ Pte Ltd. Other directorships present: Directorship 1. Singapura Finance Ltd. 2. KOP Limited 3. ARA Trust Management (Suntec) Limited Other commitments 1. Advisor of Dimensions International College Pte Ltd. 2. Advisor of Nuri Holdings (S) Pte Ltd. 3. Advisor of Heartware Network 4. Advisor of Singapore China Friendship Association Women s Alliance 5. Sponsorship Committee Member of Trailblazer Chan Chiew Ping Fund 6. Member of Executive Council of Hainan University, China 7. Justices of the Peace; Marriage Solemnizer; Board of Visiting Justices & Board of Inspection (BOVJ & BOI), MHA HomeTeam. Share holding details:Direct interest - 9,000 ordinary shares Deemed interest - 10,010 ordinary shares through Mr. Yu Lee Wu (spouse of Mrs. Yu-Foo). Director experience details:Singapura Finance Ltd. Professional qualifications: Bachelor of Commerce, Nanyang University of Singapore Masters Degree in Business, Nanyang Technological University of Singapore Honorary Doctorate of Education, Wheelock College of Boston, USA .