The Board of Directors of STHB wishes to announce that the Nomination Committee and the Remuneration Committee have been merged as a single committee known as the Nomination & Remuneration Committee with effect from 15 August 2025. The Nomination & Remuneration Committee now consist of two (2) Independent Non-Executive Directors and one (1) Non-Independent Non-Executive Director.                   

Subsequent to the merger, the composition of the Nomination & Remuneration Committee is as follows:

1) Mr. Teng King Huat - Chairman, Independent Director

2) Madam Ngu Ying Ping - Member, Non-Independent Non-Executive Director

3) Mr. Kwong Tai Choy - Member, Independent Director

This announcement is dated 15 August 2025.