The Board of Directors of Samudera Shipping Line Ltd. announced the following changes to the composition of the Board and Board Committees with effect from the conclusion of the Company's Annual General Meeting to be held on 29 April 2024: Resignation of Messrs Nicholas Peter Ballas, Quah Ban Huat, and Ng Chee Keong as an Independent and Non-Executive Directors of the Company. Appointment of Messrs Max Loh Khum Whai, Tay Beng Chai and Goh Teik Poh as an Independent and Non-Executive Directors of the Company. Appointment of Ms Lee Lay Eng Juliana as the Lead Independent Director and as the Chairman of the Audit Committee.

Appointment of Mr. Low Chee Wah as the Chairman of the Nominating Committee, and a member of the Remuneration Committee. Appointment of Mr. Goh Teik Poh as the Chairman of the RC, and a member of the AC and NC. Appointment of Mr. Tay Beng Chai as a member of the AC, NC and RC.

Appointment of Mr. Max Loh Khum Whai as a member of the NC and RC. The Board considers Messrs Tay Beng Chai and Goh Teik Poh to be independent for the purpose of Rule 704(8) of the Listing Manual of Singapore Exchange Securities Trading Limited. Following the above-mentioned changes, the composition of the Board, AC, NC and RC of the Company will be reconstituted as set out below with effect from the conclusion of the Company's Annual General Meeting to be held on 29 April 2024: Board: Masli Mulia- Chairman, Non-Independent and Non-Executive Director Bani Maulana Mulia- Executive Director and Group Chief Executive Officer Ridwan Hamid- Executive Director, Group Business Support Tan Meng Toon- Executive Director, Group Business Operations Lee Lay Eng Juliana- Lead Independent and Non-Executive Director Low Chee Wah- Independent and Non-Executive Director Max Loh Khum Whai- Independent and Non-Executive Director Tay Beng Chai- Independent and Non-Executive Director Goh Teik Poh - Independent and Non-Executive Director.

AC: Lee Lay Eng Juliana- Chairman Tay Beng Chai- Member Goh Teik Poh - Member. NC: Low Chee Wah- Chairman Lee Lay Eng Juliana -Member Masli Mulia - Member Tay Beng Chai - Member Goh Teik Poh - Member Max Loh Khum Whai - Member. RC: Goh Teik Poh - Chairman Lee Lay Eng Juliana- Member Low Chee Wah- Member Tay Beng Chai -Member Max Loh Khum Whai - Member.

Mr. Tay Beng Chai's Working Experience- Lawyer: Partner of Bird & Bird ATMD LLP, Singapore and Managing Partner of Tay & Partners, Malaysia. Other DirectorShips Past: Partner at Bird & Bird ATMD LLP - Lawyer Managing Partner of Tay & Partners, Advocate & Solicitors, Malaysia Malaysian Bulk Carrier Berhad - Independent Director Kluang Rubber Company (Malaya) Berhad - Independent Director Sungei Bagan Rubber Company (Malaya) Berhad - Independent Director Kuchai Development Berhad - Independent Director. Other DirectorShips Present: TTSH Community Fund - Director Amcorp Global Limited - Independent Director.

Director Experience Details: Amcorp Global Limited - Independent Director. Professional Qualifications: National University of Singapore, LL.B (Hons).