Centurion Corporation Limited announced the following appointments to the Board, changes in the composition of the Board Committees, with effect from 1 January 2024, as part of the Board renewal process and in line with the Company's Board transition plan, following the new listing rule requirements announced on 11 January 2023 by the Singapore Exchange Regulation limiting the tenure of independent directors to 9 years: Mr. Lee Wei Loon, an Independent Non-Executive Director, will be appointed as a member of the Audit Committee and will cease to be a member of the Remuneration Committee. He is also the Chairman of the Nominating Committee. Mr. Lee is considered independent for the purposes of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited.

Ms. Tan Poh Hong, an Independent Non-Executive Director, will be appointed as a member of the Audit Committee and will cease to be a member of the Nominating Committee. She is also the Chairman of the Remuneration Committee. Ms. Tan is considered independent for the purposes of Rule 704(8) of the Listing Manual of the SGX-ST.

Mr. Chandra Mohan s/o Rethnam will cease to be a member of the Audit Committee and Remuneration Committee but remains as an Independent Non- Executive Director. Mr. Gn Hiang Meng will cease to be a member of the Audit Committee and Nominating Committee and the Lead Independent Director but remains as an Independent Non-Executive Director. Mr. Owi Kek Hean, an Independent Non-Executive Director, will be appointed the Lead Independent Director.

He is also the Chairman of the Audit Committee and a member of the Nominating Committee. Accordingly, with effect from 1 January 2024, the Board and Board Committees shall comprise: Board: Non-Executive Director Mr. Han Seng Juan (Joint Chairman), Executive Directors: Mr. Loh Kim Kang David (Joint Chairman), Mr. Wong Kok Hoe (Deputy Chairman), Mr. Teo Peng Kwang (Chief Operating Officer, Accommodation business). Independent Non-Executive Directors: Mr. Owi Kek Hean (Lead Independent Director), Mr. Chandra Mohan s/o Rethnam, Mr. Gn Hiang Meng, Mr. Lee Wei Loon, Ms Tan Poh Hong, Mr. Chan Wan Hong.

Mr. Nicholas Kong Ming Leong. Audit Committee: Mr. Owi Kek Hean (Chairman), Mr. Lee Wei Loon, Ms. Tan Poh Hong. Remuneration Committee: Ms. Tan Poh Hong (Chairman), Mr. Chan Wan Hong, Mr. Nicholas Kong Ming Leong.

Nominating Committee: Mr. Lee Wei Loon (Chairman), Mr. Owi Kek Hean (Lead Independent Director), Mr. Nicholas Kong Ming Leong.