The Board of Directors (the "Board") of Bukit Sembawang Estates Limited (the "Company") announced that Mr. Chng Kiong Huat ("Mr. Chng") will be stepping down as a Director of the Company with effect from 03 February 2023. Mr. Chng has been a Non-Executive Director of the Company for 7 years, prior to his redesignation to Executive Director and Chief Executive Officer with effect from 01 October 2022. In order to preserve the same level of independence for the Board, and to provide Management with sufficient resources by streamlining Mr. Chng's workload, it has been decided that Mr. Chng will step down as a Director of the company, to focus on his role as Chief Executive Officer to meet the management and operational needs of the Company in its property development business.

The composition of the Board Committees remain unchanged as follows:- Audit and Risk Management Committee: Ong Sim Ho (Chairman); Koh Poh Tiong; Fam Lee San. Nominating Committee: Koh Poh Tiong (Chairman); Lee Chien Shih; Ong Sim Ho. Remuneration Committee: Koh Poh Tiong (Chairman); Lee Chien Shih; Ong Sim Ho.

Project Development Committee: Chng Kiong Huat (Chairman); Koh Poh Tiong; Ong Sim Ho. Other DirectorShips Past: 1. FEO Hospitality Asset Management Pte. Ltd. 2. Kallang Development (Pte) Limited 3. Pulau Properties (Pte) Ltd. 4. Casuarina Properties Pte Ltd. 5. Adat Pertama Sdn.

Bhd. 6. Amber Heights Sdn Bhd. 7. Bio East Pte.

Ltd. 8. Enviro East Pte. Ltd. 9. Gunung Impian Development Sdn Bhd 10. Bukit Three Pte.

Ltd. 11. Bukit Four Pte. Ltd. 12.

Bukit Sembawang Estates Limited. Other DirectorShips Present: 1. Singapore United Estates (Private) Limited 2. Sembawang Estates (Private) Limited 3. Bukit Sembawang View Pte. Ltd. 4. Paterson Collection Pte.

Ltd. 5. Paterson One Pte. Ltd. 6. BSEL Development Pte. Ltd. 7. Bukit Sembawang Land Pte.

Ltd. 8. Bukit One Pte. Ltd. 9. Bukit Two Pte. Ltd.