The Audit and Nominating Committees of PropNex Limited reviewed Ms Lee's qualification, working experience and credentials and are satisfied that Ms Lee possesses the requisite qualifications, competencies and work experience for the position as Chief Financial Officer of the Company. The Board accepted the Committees' recommendations and approved the appointment of Ms Lee as Chief Financial Officer of the Company. As Chief Financial Officer, Ms Lee will report directly to Mr. Ismail Gafoore, Executive Chairman and Chief Executive Officer of the Company, and will be responsible for the Group's financial, accounting and taxation matters including treasury, financial reporting, strategic planning, corporate regulatory compliance and risk management as well as corporate taxation.

Working Experience; May 2016 - February 2023 Chief Financial Officer and Company Secretary, Stamford Land Corporation Ltd. Chief Financial Officer and Company Secretary, Singapore Shipping Corporation Limited November 2012 - April 2016 Chief Financial Officer, GDS Global Limited. Other DirectorShips Past; Directorships HSH Contractors Pte Ltd. Singapore Wallcoverings Centre (Private) Limited Sir Stamford Hotels & Resorts Pte Ltd. Stamford Holdings (Australia) Pte. Ltd. Stamford Land (International) Pte Ltd. Stamford Land Management Pte Ltd. Stamford Properties (S) Pte.

Ltd. Voyager Travel Pte Ltd. Stamford Investments Pte. Ltd. Stamford Holdings (International) Pte. Ltd. Stamford Holdings (UK) Pte.

Ltd. Stamford FC (60) Pte. Ltd. Stamford Land Development (Singapore) Pte. Ltd. Stamford Land Development 1 Pte.

Ltd. Atrington Limited as Trustee for Atrington Trust Dickensian Holdings Ltd. HSH (Australia) Limited as Trustee for HSH (Australia) Trust HSH Hotels (Australia) Ltd. as Trustee for Stamford Melbourne (1994) Trust, Stamford Grand Adelaide (1994) Trust, Macquarie Park Village (2018) Trust, Stamford Cairns Trust, Stamford Brisbane (2000) Trust and Stamford Plaza Adelaide (1995) Trust Dynons Perth (2010) Ltd. as Trustee for Dynons Perth (2010) Trust North Ryde Investments Limited Sir Stamford At Circular Quay (2000) Ltd. as Trustee for Sir Stamford at Circular Quay Trust Stamford Auckland (1996) Limited Stamford Mayfair Limited Stamford Residences Sydney (2011) Ltd. as Trustee for Stamford Residences Sydney (2011) Trust Stamford Sydney Airport (2000) Ltd. as Trustee for Stamford Sydney Airport (2000) Trust Finsbury Circus (2019) Ltd. SLC Campsie Pty Ltd. Stamford Brisbane Investments Pty Ltd. Stamford Hotels and Resorts Pty Limited Stamford Hotels Pty Ltd. Stamford Plaza Sydney Management Pty Limited Stamford Raffles Pty Ltd. Stamford Circular Quay Investments Pty Ltd. Stamford Hotel Management (NZ) Limited HSH Tanker Inc. SSC (International) Pte. Ltd. Professional Qualifications; Chartered Accountant, Institute of Singapore Chartered Accountants Bachelor of Accountancy, Nanyang Technological University, Singapore.