Nestlé (Malaysia) Berhad ("Nestlé" or "the Company") would like to announce the upcoming retirement of Independent Non-Executive Director, Dato’ Mohd. Rafik Bin Shah Mohamad ("Dato’ Mohd. Rafik"), which will take effect after the conclusion of the Company's upcoming 2021 Annual General Meeting ("AGM"), the date of which will be announced in due course. 

Dato’ Mohd. Rafik first joined Nestlé in 1981 and retired in 2006 after a 25-year tenure. During this time, he held various senior management positions in Nestlé’s group of companies, both locally and globally. He was subsequently appointed to the Board of Nestlé on 1 June 2007 as a Non-Independent, Non-Executive Director, and was later redesignated to his current position on 7 August 2008. He also served as Chairman of the Audit Committee and Member of the Governance, Nomination and Compensation Committee. With his vast experience and knowledge of the business and the industry, he has played an instrumental role in providing valuable guidance and analytical insights in financial matters and the operations of the Company.

The Board of Directors and Management would like to convey their heartfelt gratitude and appreciation to Dato’ Mohd. Rafik for his dedication and invaluable contributions as a long-serving member of the Board and of the Company.

The Company will make the necessary announcement on the Change in the Boardroom, once the change take effect.

This announcement is dated 1 March 2021.