The Board of Directors of Fraser & Neave Holdings Bhd announced the changes to the composition of the Group Executive Committee ("Group Exco") as follows: Cessation of Dato' Jorgen Bornhoft as a member of Group Exco following his retirement as Non-Independent Non-Executive Director of the Company pursuant to Clause 100 of the Company's Constitution at the 61st Annual General Meeting on 17 January 2023. Appointment of Mr. Michael Chye Hin Fah as a member of Group Exco. With effect from 17 January 2023, the composition of the Group Exco of the Company is as follows: Mr. Hui Choon Kit, Non-Independent Non-Executive Director – Chairman; Mdm Tan Fong Sang, Non-Independent Non-Executive Director – Member; Mr. Kosit Suksingha, Non-Independent Non-Executive Director (Alternate Director: Mrs. Tongjai Thanachanan) – Member; Mr. Michael Chye Hin Fah, Non-Independent Non-Executive Director – Member.