The Board of Directors of Global Investments Limited (the "Company") announce that its Remuneration Committee (RC) has been reconstituted to "Sustainability and Remuneration Committee" (SRC) with effect from 11 August 2022. The reconstitution of the RC is to affirm the Company's commitment and efforts towards sustainability and better reflect the duties and functions of the Committee. The SRC will assist
the Board in fulfilling its oversight responsibilities in relation to the Company's sustainability framework, governance and reporting. The composition of the Sustainability and Remuneration Committee remains unchanged as follows: Mr. Ng Thiam Poh (Chairman); Mr. Lay Charlie Nhuc Hiang (Member); Ms Tan Mui Hong (Member).