AnnounceMENT

Appointment of Chief Financial Officer.

_{This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.}

_{The contact person for the Sponsor is Ms Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg}

Date Of Appointment
02/09/2024

Name Of Person
Surawat Suwanyangyuen

Age
42

Country Of Principal Residence
Thailand

The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Audit Committee and Nominating Committee have reviewed, assessed and concluded that Mr. Surawat Suwanyangyuen ("Mr. Surawat") possesses the requisite qualifications and working experience as the Chief Financial Officer. The Board accepted the recommendation from the Nominating Committee and approved the appointment of Mr. Surawat as Chief Financial Officer of the Company.

Whether appointment is executive, and if so, the area of responsibility
Yes, Chief Financial Officer.
Areas of responsibility include Finance and Accounting.

Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer

Professional qualifications
Mr. Surawat obtained his:
- Bachelor of Science (Industrial Engineering) from Chulalongkorn University in 2003;
- Master of Science (Finance) from Chulalongkorn University in 2005;
- Master of Business Administration from University of Illinois in 2009; and
- Director Accreditation Program (DAP), Class 142/2017 from the Thai Institute of Directors in 2017.

Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
No

Conflict of interests (including any competing business)
No

Working experience and occupation(s) during the past 10 years
2022 to 2024: Canvas Capital Design Co., Ltd (Managing Partner and Authorised Director)
2021 to 2022: 9 Basil Co., Ltd. (Managing Director)
2017 to 2021: Siamese Asset Public Co., Ltd. (Chief Financial Officer, Co-Managing Director)
2016 to 2017: Sermsang Power Corporation Public Co., Ltd. (Chief Financial Officer)
2015 to 2016: Wha-Hemaraj Land and Development Public Co., Ltd. (Deputy Director, Special Project)
2014 to 2015: Thoresen Thai Agencies Public Co., Ltd. (Associate Director, Corporate Finance)
2011 to 2014: Siam Commercial Bank Public Co., Ltd. (Assistant Vice President, Investment Banking)

Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes

Shareholding interest in the listed issuer and its subsidiaries?
No

# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
Directorships:
Alpha Capital Partners Group Co., Ltd.
Wireless Asset Management Co., Ltd.
Siamese Asset Public Co., Ltd.

Other principal commitments:
None

Present
Directorships:
YDM (Thailand) Co., Ltd.
Canvas Capital Design Co., Ltd.

Other principal commitments:
None

(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No

(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No

(c) Whether there is any unsatisfied judgment against him?
No

(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No

(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No

(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No

(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No

(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No

(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No

(j) Whether he has ever, to his knowledge, been  concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-

‍

(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No

(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No

(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No

(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No

(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No

Any prior experience as a director of an issuer listed on the Exchange?
No

If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
Not Applicable. The appointment is not as a Director of the Company.

Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not Applicable

‍