The Board of Directors of Multi-Chem Limited announced that Mr. Lim Keng Jin will retire as Independent Non-Executive Director of the Company at the Annual General Meeting to be held on 30 April 2024. Following his retirement, Mr. Lim Keng Jin will cease as Independent Non-Executive Director, Chairman of the Board and Remuneration Committee (?RC?), Acting Chairman of the Audit and Risk Management Committee (?ARMC?) and member of Nominating Committee (?NC?) of the Company with effect from 30 April 2024. Role And Responsibilities: Fulfill the responsibilities of Independent Non-Executive Director, Chairman of the Board and Remuneration Committee, Acting Chairman of the Audit and Risk Management Committee and member of Nominating Committee of the Company.

Job Title: Independent Non-Executive Director, Chairman of the Board and RC, Acting Chairman of the ARMC and member of NC of the Company. Reason For Cessation: Mr. Lim Keng Jin has been appointed as a Director for more than 9 years. As part of the board renewal process, he will retire at the forthcoming Annual General Meeting in accordance with Rule 210(5)(d)(iv) of the Listing Manual.