The board of directors of S&P International Holding Limited announced that Mr. Ng Hock Boon ("Mr. Ng") will retire as an independent non-executive director of the Company (the "INED") by rotation at the forthcoming annual general meeting of the Company to be held on 24 May 2022 (the "2022 AGM") and will not be offering himself for re-election as he would like to pursue other interests. Accordingly, Mr. Ng will retire as an INED, a member of each of the audit committee (the "AC"), the nomination committee (the "NC") and the remuneration committee (the "RC") of the Company (collectively, the "Retirements") at the conclusion of the 2022 AGM. Mr. Ng has confirmed that he has no disagreement with the Board and there is no matter relating to his Retirements that needs to be brought to the attention of the shareholders of the Company (the "Shareholders") and the Stock Exchange.

The Board also announces that Dato' Mohd Ibrahim Bin Mohd Nor ("Dato' Mohd Ibrahim") is proposed to be appointed as an INED and a member of each of the AC, the NC and the RC (collectively, the "Proposed Appointments"). The ordinary resolution in relation to the Proposed Appointments will be proposed at the forthcoming 2022 AGM.