Yoma Strategic : Appointment of Non-Executive Independent Director

Issuer/ Manager

YOMA STRATEGIC HOLDINGS LTD.

Securities

YOMA STRATEGIC HOLDINGS LTD - SG1T74931364 - Z59

Stapled Security

No

Announcement T itle

Change - Announcement of Appointment

Date & T ime of Broadcast

20-Nov-2017 18:56:25

Status

New

Announcement Sub T itle

Appointment of Non-Executive Independent Director

Announcement Ref erence

SG171120OTHR6GBS

Submitted By (Co./ Ind. Name)

Melvyn Pun

Designation

Chief Executive Officer

Description (Please provide a

detailed description of the event in the box below)

Appointment of Mr. Thia Peng Heok George as a Non-Executive Independent Director, Chairman of the Audit Committee and a member of the Nominating and Governance Committee and Remuneration Committee.

Date Of Appointment

22/12/2017

Name Of Person

Thia Peng Heok George

Age

68

Country Of Principal Residence

Singapore

T he Board's comments on this

appointment (including rationale, selection criteria, and the search and nomination process)

Mr. George Thia was nominated through personal contacts. The Nominating and Governance Committee ("NGC") had reviewed the qualifications, working experience, capabilities and other relevant factors of Mr. George Thia and the NGC is satisfied that the selection criteria has been met. Mr. George Thia also undertook an assessment of independence. Upon the recommendation of the NGC, the Board of Directors approved Mr. George Thia's appointment as a Non-Executive Independent Director of the Company. The Board considers Mr. George Thia to be independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited.

Whether appointment is executive, and if so, the area of responsibility

Non-Executive Independent Director

Job T itle (e.g. Lead ID, AC Chairman, AC Member etc.)

Non-Executive Independent Director, Chairman of the Audit Committee and a member of the NGC and Remuneration Committee

Familial relationship with any director and/ or substantial

shareholder of the listed issuer or of any of its principal subsidiaries

Nil

Conf lict of interests (including any competing business)

Nil

Working experience and

occupation(s) during the past 10 years

2015-to date: Non-Executive, Lead Independent Director of CH Offshore Ltd.

2005-to date: Business Consultant, Asianic Private Limited 2006-2012: Independent Director of Manhattan Resources Limited

2007- 2013: Independent Commissioner of PT Indosat tbk

Undertaking submitted to the listed issuer in the f orm of

Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))

Yes

Shareholding interest in the listed issuer and its subsidiaries?

No

# T hese f ields are not applicable f or announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).

Past (f or the last 5 years)

1. Phoenix Capital Private Limited

Present

1. Asianic Private Limited

2. Thia Holdings Private Limited

3. CH Offshore Ltd.

(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was f iled

against him or against a

partnership of which he was a

partner at the time when he was a partner or at any time within 2

years f rom the date he ceased to be a partner?

No

(b) Whether at any time during the last 10 years, an application or a petition under any law of any

jurisdiction was f iled against an entity (not being a partnership) of which he was a director or an equivalent person or a key

executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years f rom the date he ceased to be a director or an equivalent person or a key executive of that entity, f or the winding up or dissolution of that entity or, where that entity is the

trustee of a business trust, that business trust, on the ground of insolvency?

No

(c) Whether there is any

unsatisf ied judgment against him?

No

(d) Whether he has ever been convicted of any of f ence, in

Singapore or elsewhere, involving f raud or dishonesty which is punishable with imprisonment, or has been the subject of any

criminal proceedings (including any pending criminal proceedings of which he is aware) f or such

purpose?

No

(e) Whether he has ever been convicted of any of f ence, in

Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or f utures industry in Singapore or elsewhere, or has been the subject of any criminal

proceedings (including any pending criminal proceedings of which he is aware) f or such breach?

No

(f ) Whether at any time during the last 10 years, judgment has been entered against him in any civil

proceedings in Singapore or elsewhere involving a breach of

any law or regulatory requirement that relates to the securities or

f utures industry in Singapore or elsewhere, or a f inding of f raud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil

proceedings of which he is aware) involving an allegation of f raud, misrepresentation or dishonesty on his part?

No

(g) Whether he has ever been convicted in Singapore or elsewhere of any of f ence in connection with the f ormation or management of any entity or business trust?

No

(h) Whether he has ever been disqualif ied f rom acting as a

director or an equivalent person of any entity (including the

trustee of a business trust), or f rom taking part directly or indirectly in the management of any entity or business trust?

No

(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him f rom engaging in any type of business practice or activity?

No

(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the af f airs of :-

(i) any corporation which has been investigated f or a breach of any

law or regulatory requirement governing corporations in Singapore or elsewhere; or

No

(ii) any entity (not being a corporation) which has been

investigated f or a breach of any law or regulatory requirement governing such entities in

Singapore or elsewhere; or

No

(iii) any business trust which has been investigated f or a breach of any law or regulatory requirement governing business trusts in

Singapore or elsewhere; or

No

(iv) any entity or business trust which has been investigated f or a breach of any law or regulatory

requirement that relates to the securities or f utures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that

period when he was so concerned with the entity or business trust?

No

(k) Whether he has been the subject of any current or past investigation or disciplinary

proceedings, or has been

reprimanded or issued any warning, by the Monetary

Authority of Singapore or any other regulatory authority, exchange, prof essional body or government agency, whether in Singapore or elsewhere?

No

Any prior experience as a director of a listed company?

Yes

If Yes, Please provide details of prior experience

Non-Executive Lead Independent Director of CH Offshore Ltd.