PropNex Limited announced Appointment of Mr. Kelvin Fong Keng Seong ("Mr Kelvin Fong") as Deputy Chief Executive Officer. Mr. Kelvin Fong is an Executive Director of the Company. Pursuant to the recommendation made by Management, the Nominating Committee ("NC") having reviewed and considered Mr. Kelvin Fong's qualifications, working experience and contributions to the Group, is of the view that he possesses the requisite experience and capabilities to assume the responsibilities as the Deputy Chief Executive Officer.

The Board of Directors (the "Board") accepted the NC's recommendation and approved the said appointment. Executive. Mr. Kelvin Fong oversees the Group's training development curriculum and spearheads the sales and leadership training programmes.

He also administers the development of IT strategies and technology innovations to improve the Group's competitive edge in the industry. In addition to the above, Mr. Kelvin Fong will also assist the Chief Executive Officer in strategic planning and managing all aspect of the Group's business. Job Title Executive Director and Deputy Chief Executive Officer Working Experience: Mr. Kelvin Fong joined as a PropNex salesperson in 2003.

He was one of the top Team Leaders and his team of salespersons has a strong track record for outstanding sales performance and excellent customer service. Mr. Kelvin Fong was appointed as an executive director (non-statutory) of PropNex Realty Pte. Ltd. on 9 March 2016 and appointed to the Board of PropNex Limited on 13 June 2018.

Director Experience Details Mr. Kelvin Fong is an Executive Director of the Company. Other DirectorShips Present Directorships: - KJ MGT Pte. Ltd. - TREK01 Pte.

Ltd. - Champ Invest Pte. Ltd. - YKC Group Pte. Ltd. - ISolution Investment Pte.

Ltd. - Ovvy Pte. td. Principal Commitments: - Nil Professional Qualifications - Bachelor Degree in Business Administration from La Trobe University, Australia - Diploma in Electronics Engineering from Singapore Polytechnic.