Pollux Properties Ltd. announced that Mr. Tan Lye Heng Paul will retire from the Board after the conclusion of the forthcoming Annual General Meeting on 21 June 2024 and will not seek for re-election as an Independent Director. Mr. Tan has decided to step down from the Board of the Company as he wishes to spend more time on his other existing commitments. Upon Mr. Tan's retirement, he will cease to be Chairman of the Audit Committee (AC) and member of Remuneration and Nominating Committee (RNC).

Other DirectorShips Past: 1. Sin Ghee Huat Corporation Ltd. 2. China Sunsine Chemical Holdings Ltd. Other DirectorShips Present: 1. AJJ Medtech Holdings Limited 2. Second Chance Properties Ltd. 3. Serial System Ltd. 4. Nexia Singapore PAC 5. CA Trust PAC 6. Salleh Marican Foundation Ltd. 7. PSC Corporation Ltd. 8. Nexia Solutions Pte Ltd. 9. Nexia SG Pte Ltd. The company also announced the appointment of Mr. Phua Cher Chew (Pan Ziqiu), an Independent Director of the Company, as the Interim Chairman of the AC with effect from 21 June 2024. The Board notes that, following the retirement of Mr. Tan, the AC will be unable to meet the requirement of Rule 704(7) of the Catalist Rules and the Companies Act 1967, where the AC should consist of a minimum number of three members. The Board shall endeavour to fill the vacancy within two (2) months, and in any case no later than three (3) months.

The Board will also take steps to appoint suitable candidate(s) to fill the vacancy(ies) in the RNC as soon as possible. Following the aforesaid changes with effect from 21 June 2024, the composition of the Board and Board Committees will be as follows:- Board Phua Cher Chew (Pan Ziqiu) (Chairman, Independent Director), Nico Purnomo Po (Executive Director and Chief Executive Officer) and Brian Praneda (Independent Director). AC: Phua Cher Chew (Pan Ziqiu) (Interim Chairman) and Brian Praneda.

RNC: Brian Praneda (Chairman) and Phua Cher Chew (Pan Ziqiu).