The Board of Directors (the "Board") of SMI Vantage Limited (the "Company") announces that the Board has established an Environmental, Social and Governance Committee ("ESG Committee"), whose primary role is to provide oversight and guidance on matters related to the Company's environmental, social and governance responsibilities. The composition of the ESG Committee is as follows: ESG Committee: Edna Claudine Leong Lai Yee (Independent Director) - Chairman, Sam Chong Keen (Lead Independent Director) - Member, Willem Mark Nabarro (Independent Director) - Member, Tan Chade Phang (Independent Director) - Member, Mark Francis Bedingham (Executive Director, President and CEO) - Member.