The Board of Directors of VICOM Ltd. announced that the following changes to the composition of the Board and the Board Committees will take place with effect from 1 January 2023 (unless otherwise stated): Mr. Yang Ban Seng will retire as Non-Independent Non-Executive Director and Deputy Chairman of the Company with effect from 31 December 2022. Mr. Cheng Siak Kian and Professor Ooi Beng Chin will be appointed Non-Independent Non-Executive Directors of the Company. Mr. Cheng will concurrently be appointed the Deputy Chairman of the Board and a member of the Nominating and Remuneration Committee and the Technology Committee.

Professor Ooi will concurrently be appointed a member of the Technology Committee. Following the above, the composition of the Board of Directors and the Board Committees of the Company with effect from 1 January 2023 will be as follows: Board of Directors: Dr. Tan Kim Siew - Chairman (Independent Non-Executive Director); Mr. Cheng Siak Kian; Mr. Sim Wing Yew- Director (Non-Independent Executive Director, Chief Executive Officer); Mr. Jackson Chia- Director (Non-Independent Non-Executive Director); Professor Ooi Beng Chin- Director (Non-Independent Non-Executive Director); Ms. June Seah Lee Kiang- Director (Independent Non-Executive Director); Professor Shim Phyau Wui, Victor- Director (Independent Non-Executive Director); Mr. Soh Chung Hian, Daniel- Director (Independent Non-Executive Director); Ms. Tan Poh Hong- Director (Independent Non-Executive Director); Ms Wong Yoke Woon- Director (Independent Non-Executive Director). Audit and Risk Committee: Mr. Soh Chung Hian, Daniel- Chairman; Ms. June Seah Lee Kiang, Professor Shim Phyau Wui, Victor, Ms. Tan Poh Hong and Ms. Wong Yoke Woon as members.

Nominating and Remuneration Committee: Dr. Tan Kim Siew as Chairman, Mr. Cheng Siak Kian, Mr. Soh Chung Hian, Daniel, Ms. Tan Poh Hong and Ms. Wong Yoke Woon as member. Sustainability Committee: Ms. June Seah Lee Kiang as Chairman, Mr. Jackson Chia, Mr. Sim Wing Yew, Professor Shim Phyau Wui, Victor and Dr. Tan Kim Siew as members. Technology Committee: Professor Shim Phyau Wui, Victor as Chairman, Mr. Cheng Siak Kian, Professor Ooi Beng Chin, Mr. Sim Wing Yew, Dr. Tan Kim Siew and Ms. Tan Poh Hong as members.

Ooi Beng Chin Working Experience: Professor Ooi is the Lee Kong Chian Centennial Professor of Computer Science and Faculty Member of the National University of Singapore Graduate School, and Adjunct Chang Jiang Professor at Zhejiang University, and a visiting Distinguished Professor at Tsinghua University in China. Other DirectorShips Present Bestpeer Pte Ltd. AlDigi Holdings Pte. Ltd. Medilot Technologies Pte.

Ltd. Director Experience Details ComfortDelGro Corporation Limited - Independent Non-Executive Director (from 1 May 2018 till present) Event Description: Appointment of Mr. Ooi Beng Chin as Non-Independent Non-Executive Director. Professional Qualifications - Doctor of Philosophy from Monash University, Australia - Bachelor of Science.