The board of directors of Khong Guan Limited announced that Ms Tan Khiaw Ngoh, an Independent Director, has been appointed as a member of the Remuneration Committee in place of Mr. Yeo Jih-Shian (an Independent Director) who has stepped down as a member of the Remuneration Committee, with effect from 1 August 2023. Following the above change, the composition of the Remuneration Committee is as follows: Remuneration Committee Mr. Hew Moh Yung - Chairman (Independent Director), Mr. Tan Tiong Huat Alex- Member (Independent Director), Ms Tan Khiaw Ngoh - Member (Independent Director), The composition of the Audit Committee and Nominating Committee remains unchanged.