Hiap Teck Venture Berhad announced redesignation of Mr. Chen Thien Yin, 56-year-old, male, from Independent and Non Executive Member of Risk Committee to Independent and Non Executive Chairman of Risk Committee effect6ove December 15, 2023. Composition of Risk Committee(Name and Directorate of members after change): members after change) 1. MR. CHEN THIEN YIN (INDEPENDENT NON-EXECUTIVE DIRECTOR, CHAIRMAN OF SUSTAINABILITY AND RISK MANAGEMENT COMMITTEE); 2. MR. FOO KOK SIEW (EXECUTIVE DIRECTOR, MEMBER OF SUSTAINABILITY AND RISK MANAGEMENT COMMITTEE); 3. MR. SHERMAN LAM YUEN SUEN (SENIOR INDEPENDENT NON-EXECUTIVE DIRECTOR, MEMBER OF SUSTAINABILITY AND RISK MANAGEMENT COMMITTEE); 4. DATO' OOI LAY SEE (INDEPENDENT NON-EXECUTIVE DIRECTOR, MEMBER OF SUSTAINABILITY AND RISK MANAGEMENT COMMITTEE).