The board of directors of Tan Chong International Limited announced that Mr. Joseph Ong Yong Loke (?Mr. Ong?) will step down from his role as the deputy chairman of the Board with effect from 12 April 2024. He decides to relinquish the attendant duties and responsibilities of the deputy chairman of the Board and to concentrate on the corporate and strategic developments to expand the nature and scope of ETHOZ Group Limited which was acquired by the Company in 2022. Mr. Ong will continue to serve as a non-executive Director.

Mr. Charles Tseng Chia Chun (?Mr. Tseng?), an independent non-executive Director, has been appointed to succeed Mr. Ong as the deputy chairman of the Board with effect from 12 April 2024. Mr. Tseng, aged 72, joined the Board as an independent non-executive Director on 10 January 2022. Mr. Tseng is the chairman of Qra Sdn.

Bhd., an omnichannel grocery business in Malaysia. Mr. Tseng was formerly the chairman of Asia Pacific for Korn Ferry International, the global organisational consultancy. He joined Korn Ferry in 2000 as the President of Asia Pacific and was later appointed as the chairman of Asia Pacific in 2018 until his retirement in November 2020.

Prior to joining Korn Ferry in 2000, Mr. Tseng was Managing Partner, East Asia for Egon Zehnder, a global search firm. Before that, Mr. Tseng was the Group General Manager of Cold Storage in Malaysia, a leading food and retail company in Southeast Asia. Mr. Tseng began his career with Ford Motor Company as a manufacturing engineer in Australia and subsequently held other manufacturing and marketing positions with Ford in Asia.

Mr. Tseng was an independent non-executive Director of AEON Co. (M) Berhad (?AEON?), from 2013 until June 2020. He also served as the chairman of nomination committee and a member of audit committee of AEON.

Mr. Tseng has served on the China Advisory Boards of Eli Lilly (a pharmaceutical company) and Faurecia (a global automotive parts manufacturer) and was chairman of the Wharton Asia Executive Board. Mr. Tseng has an M.B. A from The Wharton School, University of Pennsylvania, U.S.A., and a first-class honors' degree in engineering from the University of Melbourne in Australia. The Board further announced that Ms. Gillian Tan Tsui Lyn (?Ms. Gillian Tan?), a non-executive Director, has been appointed as an executive Director with effect from 12 April 2024.

Upon Ms. Gillian Tan's appointment as an executive Director becoming effective, she will cease to be a non-executive Director. Ms. Gillian Tan, aged 43, joined the Board as a non-executive Director on 27 February 2023. Upon her appointment as an executive Director becoming effective, Ms. Gillian Tan will assume leadership of the Group's Corporate Affairs Department.

Her responsibilities will include cultivating stakeholder relationships, supervising and directing corporate communications and media relations, as well as organizing and managing annual general meetings and shareholder meetings. Ms. Gillian Tan is currently the Founder-Director of television production company, Munkysuperstar Pictures Pte Ltd. and online television channel Clicknetwork in Singapore and has over 20 years of experience in spanning broadcast television, online video and advertising. Ms. Gillian Tan began her career in San Francisco in 2000, working for global advertising agency TBWA Worldwide and the US Federal Reserve.

Ms. Gillian Tan graduated with honors from Santa Clara University, U.S.A. with Bachelor of Arts in Communication in 2000. She is the daughter of Mr. Tan Eng Soon, the Chairman and executive Director, the sister of Mr. Glenn Tan Chun Hong, the Deputy Chairman and the Managing Director and the niece of Mr. Tan Kheng Leong, an executive Director.