United Overseas Bank Limited announced the appointment of Mr. Steven Phan Swee Kim as the Chairman of the Audit Committee (AC) with effect from 12 August 2022 and Dr. Chia Tai Tee as a member of the Nominating Committee subject to Authority's approval. With the above appointments, the updated composition of the board and board committees will be as follows: Board of Directors: Wong Kan Seng (Chairman), Wee Ee Cheong, Michael Lien Jown Leam, Wee Ee Lim, Steven Phan Swee Kim, Chia Tai Tee, Tracey Woon Kim Hong, Dinh Ba Thanh, Teo Lay Lim. Executive Committee: Wong Kan Seng (Chairman), Wee Ee Cheong, Michael Lien Jown Leam, Steven Phan Swee Kim and Teo Lay Lim.

Audit Committee: Steven Phan Swee Kim (Chairman), Chia Tai Tee, Tracey Woon Kim Hong. Board Risk Management Committee: Chia Tai Tee (Chairman), Wong Kan Seng, Wee Ee Cheong Wee Ee Lim, Tracey Woon Kim Hong. Remuneration and Human Capital Committee: Tracey Woon Kim Hong (Chairman), Wong Kan Seng, Wee Ee Lim Steven Phan Swee Kim.

Nominating Committee: Steven Phan Swee Kim (Chairman), Wong Kan Seng, Wee Ee Cheong, Michael Lien Jown Leam, Chia Tai Tee (subject to Authority's approval).