The Board of Directors of Accrelist Ltd. announced that Mr. Chin Sek Peng ("Mr. Chin") has been appointed as an Independent and Non-Executive Director of the Company with effect from 26 March 2024. Following his appointment to the Board, Mr. Chin shall also be appointed as the Chairman of the Audit Committee and member of the Remuneration and Nomination Committee of the Company. Mr. Yeo Hwee Tiong ("Mr. Yeo") has resigned as the Independent and Non-Executive Director of the Company with his effective cessation date being 5 April 2024 ("Cessation"). Following his resignation, Mr. Yeo will relinquish his position as a member of the Audit Committee and member of the Remuneration Committee of the Company. Following the appointment of Mr. Chin and the Cessation, the composition of the Board and Board Committees of the Company, will be as follows: Board of Directors:- Dr. Terence Tea Yeok Kian - Executive Chairman and Managing Director, Mr. Ng Li Yong - Lead Independent Director,
Mr. Chin Sek Peng - Independent and Non-Executive Director. Audit Committee:- Mr. Chin Sek Peng (Chairman), Mr. Ng Li Yong (Member). Remuneration Committee:- Mr. Ng Li Yong (Chairman), Mr. Chin Sek Peng (Member). Nominating Committee:- Mr. Ng Li Yong (Chairman), Mr. Chin Sek Peng (Member).