The Board of ZACD Group Ltd. announce that Mr. Tan Puay Khiang, Francis has been appointed as an Executive Director and Chief Operating Officer with effect from 6 June 2024. Mr. Tan, aged 49, is a veteran in real estate consultancy with over fourteen (14) years of experience. He joined the group five (5) years ago as a director in the family office of ZACD Investments Pte.

Ltd. He is currently responsible for overseeing the analyst division that supports the Group's project acquisitions team. Mr. Tan started his career with the civil service in 2002, serving as a senior education officer on the leadership track in a junior college under the Ministry of Education. After the completion of his teaching bond, he joined Knight Frank, Singapore in 2010 as a real estate consultant.

He subsequently moved on to Savills Singapore in 2012, holding a Unit Head position. In 2013, he was a co-founder of the real estate consultancy, SLP Scotia Pte Ltd, and assumed the position of Vice President in 2014. He was later promoted to the position of Chief Investment Officer in 2015 and serves as a consultant to local real estate developer in the field of land development.

He was responsible for some of the largest commercial collective sales exercises in Singapore, the most recent being the Sim Lim Square collective sale in 2019. In that same year, he assumed the position of Chief Executive Officer ("CEO") of SLP Scotia, before moving up to the position of CEO of SLP International Property Consultants Pte. Ltd. ("SLP International") in 2020 to oversee all the business lines of the SLP Group.

Notably, in 2021, he also led SLP International to broker the highest priced Good Class Bungalow (Land) in the Nassim Road area and whole building capital market deals. Mr. Tan graduated with a Bachelor's Degree from the School of Mechanical and Aerospace Engineering, Nanyang Technological University in 2001. He also attained a Post -Graduate Diploma in Education with Credit (PGDE) (Sec/Junior College) from the National Institute of Education, Nanyang Technological University in 2002.

He also holds the most recent Real Estate Agency (REA) qualification and is an accredited Key Executive Officer (KEO) with the Council of Estate Agents (CEA). He also sits on the Executive Council of the professional body Singapore Est ate Agent Association since 2021. The Board announced that Mr. Han Xiangfeng has been appointed as an Executive Director with effect from 6 June 2024.

Mr. Han, aged 47, has over twenty (20) years of experience in the realms of real estate investment, fund management, consultancy, and research. He joined the Group in 2016 as a director of Real Estate Investment and was promoted to executive director in 2018 overseeing the Group's Investment Management division. Prior to joining the Group, Mr. Han was an investment manager with Frasers Centrepoint Asset Management Ltd, the Manager of Frasers Centrepoint Trust (FCT), where he was a key member of the investment team and responsible for growing and enhancing FCT's in vestment portfolio in Singapore and the region.

During his time at Frasers, he was actively involved in large -scale acquisitions of commercial real estate and greenfield projects, totaling over SGD 1.7 billion. Prior to Frasers, Mr. Han was with Realm Capital, a real estate private equity firm, where he was responsible for sourcing, structuring, and executing investment and development opportunities in Asia. Earlier in his career, Mr. Han held various investment and research roles at prominent firms such as Jones Lang LaSalle and Knight Frank.

Mr. Han holds a Bachelor of Science (Real Estate) (Hons) from the National University of Singapore.