Jackspeed Corporation Limited announced that Mr. Toh Tiong San, retired as Non-Executive and Independent Director of the Company at the Annual General Meeting of the Company held on 24 June 2022 ("2022 AGM"). Mr. Toh, who was eligible, did not seek re-election as Non-Executive and Independent Director of the Company at the 2022 AGM. Following the retirement as Non-Executive and Independent Director of the Company, Mr. Toh has also relinquished his position as Chairman of Audit Committee and Nominating Committee and a member of Remuneration Committee.

The Board would like to place on record its appreciation to Mr. Toh for his dedicated services and invaluable contributions to the Company. Following the Retirement of Mr. Toh, the composition of the Board Committees are as follows: Audit Committee; Mr. Chin Yew Choong David (Member), Mr. Yap Kian Peng (Member). Remuneration Committee; Mr. Chin Yew Choong David (Chairman); Mr. Yap Kian Peng (Member).

Nominating Committee; Mr. Chin Yew Choong David (Member); Ms Chua Sze Chyi (Member). Following the Retirement of Mr. Toh, the composition of the Board and Board Committees are as follows: Board of Directors – Mr. Chin Yew Choong David - Non-Executive Chairman and Independent Director, Mr. Yap Kian Peng - Executive Deputy Chairman and Chief Executive Officer, Ms. Chua Sze Chyi -- Non-Executive and Non-Independent Director and Audit Committee – Mr. Chin Yew Choong David (Member) and Mr. Yap Kian Peng (Member) and Remuneration Committee - Mr. Chin Yew Choong David (Member) and Mr. Yap Kian Peng (Member) and Nominating Committee – Mr. Chin Yew Choong David (Member) and Ms. Chua Sze Chyi (Member).