Frasers Property Limited refers to the announcements dated 12 December 2022 on: (a) the appointment of Mr. Thapana Sirivadhanabhakdi as a Non-Executive and Non-Independent Director of the Company, a member of the Board Executive Committee ("Exco") of the Company and a member of the Remuneration Committee ("RC") of the Company; and (b) the cessation of appointments of each of Mr. Charles Mak Ming Ying, Mr. Chan Heng Wing, Mr. Philip Eng Heng Nee, Mr. Weerawong Chittmittrapap and Mr. Chotiphat Bijananda as Non-Executive and Non-Independent Directors of the Company, with effect from 1 January 2023. The Company wishes to announce that following the cessation of appointments of Mr. Philip Eng Heng Nee, Mr. Weerawong Chittmittrapap and Mr. Chotiphat Bijananda as Non-Executive and Non-Independent Directors of the Company: (a) Mr. Chin Yoke Choong, the Lead Independent Director of the Company and a member of the RC, has been appointed as the Chairman of the RC in place of Mr. Philip Eng Heng Nee; and (b) Mr. Pramoad Phornprapha, a Non-Executive and Independent Director of the Company and a member of each of the Nominating Committee ("NC") of the Company and the Sustainability and Risk Management Committee ("SRMC") of the Company, has been appointed as the Chairman of each of the NC and the SRMC in place of Mr. Weerawong Chittmittrapap and Mr. Chotiphat Bijananda respectively, with effect from 1 January 2023.