The Board of Directors of AF Global Limited announced that Mr. Ong Tuen Suan will resign as an Independent Director of the Company with effect from 28 February 2023. Consequent to his resignation as an Independent Director of the Company, he will also relinquish his position as Chairman of the Nominating Committee and a member of the Audit Committee of the Company. Concurrently, Mr. Yeo Kan Kiang Roy has been appointed as an Independent Director of the Company.

Following his appointment, Mr. Yeo will be appointed as Chairman of the Nominating Committee and a member of the Audit Committee with effect from 28 February 2023. Following the foregoing changes, the new composition of the Board and the Board Committees of the Company with effect from 28 February 2023 will be as follows: Board of Directors: Mr. Chay Yue Kai (Executive Director and Chief Executive Officer), Mr. Koh Wee Seng (Non-Executive and Non-Independent Director), Mr. Periakaruppan Aravindan (Non-Executive and Non-Independent Director), Mr. Woo Peng Kong (Lead Independent Director), Mr. Yeo Wee Kiong (Independent Director) and Mr. Yeo Kan Kiang Roy (Independent Director). Audit Committee: Mr. Woo Peng Kong (Chairman), Mr. Yeo Wee Kiong, Mr. Yeo Kan Kiang Roy and Mr. Periakaruppan Aravindan.

Nominating Committee: Mr. Yeo Kan Kiang Roy (Chairman), Mr. Woo Peng Kong and Mr. Koh Wee Seng. Remuneration Committee: Mr. Yeo Wee Kiong (Chairman), Mr. Woo Peng Kong and Mr. Periakaruppan Aravindan.