Sinostar PEC : Appointment Of Independent Director And Chairman Of Audit Committee

SINOSTAR PEC HOLDINGS LIMITED

(Company Registration No.: 200609833N)

APPOINTMENT OF INDEPENDENT DIRECTOR AND CHAIRMAN OF AUDIT COMMITTEE

The Board of Directors (the "Board") of Sinostar PEC Holdings Limited (SGX: C9Q) ("Sinostar PEC" or the "Group"), together with its subsidiaries, the "Group") is pleased to announce that Mr Jiang Xinglu, will be appointed as Independent Director, Chairman of Audit Committee, member of Nominating Committee and Member of Remuneration Committee.

The detailed template announcements pursuant to Rule 704(7) of the Listing Manual of the Singapore Exchange Securities Trading Limited ("SGX-ST") containing the particulars of Mr Jiang Xinglu will be released separately to the SGX-ST.

The details of the latest composition of the Board Committees of the Company are as follows:-

Board of Directors

1. Li Xiangping, Executive Chairman and Chief Executive Officer
2. Yan Tailing, Executive Director and Deputy Chief Executive Officer
3. Li Zhi, Non-Executive Director
4. Chen Seow Phun, John, Lead Independent Non-Executive Director
5. Zhao Jinqing, Independent Non-Executive Director
6. Jiang Xinglu, Independent Non-Executive Director

Audit Committee

1. Jiang Xinglu, Chairman
2. Zhao Jinqing, Member
3. Chen Seow Phun, John, Member

Nominating Committee

1. Zhao Jinqing, Chairman
2. Chen Seow Phun, John, Member
3. Jiang Xinglu, Member

Remuneration Committee

1. Chen Seow Phun, John, Chairman
2. Zhao Jinqing, Member
3. Jiang Xinglu, Member

Risk and Investment Committee

1. Li Zhi, Chairman
2. Li Xiangping, Member
3. Yan Tailing, Member

By Order of the Board

Li Xiangping

Executive Chairman and Chief Executive Officer

13 July 2021