The Board of Directors of The Straits Trading Company Limited had, on 30 September 2020, announced the resignation of Dr. Gary Hilton Weiss as an Independent and Non-Executive Director of the Company and Chairman and Member of the Remuneration Committee. It was also announced that the Company will endeavour to fill the vacancy arising from Dr. Weiss' resignation in relation to the role of the Chairman of the Remuneration Committee as soon as possible. The Board of Directors of the Company wishes to announce that the composition of the Company's Remuneration Committee has been changed, with effect from 6 November 2020, as follows: Remuneration Committee: Chairman, ­ Mr. Tan Tiong Cheng (Independent and Non-Executive Director), Member, ­ Mr. Goh Kay Yong David (Non-Independent and Non-Executive Director) and Member, ­ Mr. Chua Tian Chu (Independent and Non-Executive Director).