Hotel Royal Limited announced that the Board, having considered the recommendation of the Nominating Committee ("NC") and assessed Mr. Leow Chung Chong Yam Soon's ("Mr Leow") qualifications, credentials, work experience and independence, approved the appointment of Mr. Leow as a Non-Executive and Independent Director of the Company with effect from 1 May 2023. Mr. Leow will also be appointed as a member of Audit and Risk Committee, Remuneration Committee and Nominating Committee with effect from 1 May 2023. The Board is of the view that Mr. Leow's expertise and experience would provide further diversity to the core competencies and enhance skill set of the Board.

The Board had also considered Mr. Leow to be independent for the purpose of Rule 704(8) of the Listing Manual of Singapore Exchange Securities Trading Limited and approved the appointment of Mr. Leow as Non-Executive and Independent Director. Working Experience: August 2012 to present - Audit partner at Ecovis Assurance LLP. Director Experience Details: Previously held directorships in SGX-ST listed companies, namely Fragrance Group Limited, Asian Healthcare Specialists and No Signboard Holdings Ltd. Professional Qualifications: Practising member, Institute of Singapore Chartered Accountants (ISCA) 2. Fellow Chartered Association of Certified Accountants, United Kingdom 3. Certified Public Accountants, United States of America.