| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 14, 2020 20:26 |
| Status | New |
| Announcement Sub Title | Resignation of Independent Director - Mr Goh Tiam Lock |
| Announcement Reference | SG200714OTHR14FQ |
| Submitted By (Co./ Ind. Name) | Liew Chee Seng James |
| Designation | Executive Director and CEO, LMIRT Management Ltd (as manager of Lippo Malls Indonesia Retail Trust) |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Mr Goh Tiam Lock as Independent Director, Chairman of Nominating and Remuneration Committee and member of the Audit and Risk Committee |
| Additional Details | |
| Name Of Person | Goh Tiam Lock |
| Age | 74 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/07/2020 |
| Detailed Reason (s) for cessation | In line with the board renewal process and having served as Independent Director of the Manager for close to a nine-year term, the Manager has procured the resignation from Mr Goh Tiam Lock as Independent Director. Accordingly, Mr Goh will also step down from his role as Chairman of the Nominating and Remuneration Committee and as a member of the Audit and Risk Committee. |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of Appointment to current position | 27/09/2011 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director, Chairman of Nominating and Remuneration Committee and member of the Audit and Risk Committee |
| Role and responsibilities | Non-Executive |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Please see Annexure A |
| Present | Please see Annexure A |
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