Change - Announcement Of Cessation As Non-Executive Independent Director

Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Apr 29, 2022 18:20
Status New
Announcement Sub Title Cessation as Non-Executive Independent Director
Announcement Reference SG220429OTHR6NEN
Submitted By (Co./ Ind. Name) Michelle Koh
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Cessation as Non-Executive Independent Director and Chairman of the Executive Resource and Compensation Committee ("ERCC") and the Nominating Committee ("NC"), respectively.

The admission and listing of CapitaLand Investment Limited on the Singapore Exchange Securities Trading Limited was sponsored by J.P. Morgan (S.E.A.) Limited. J.P. Morgan (S.E.A.) Limited assumes no responsibility for the contents of this announcement.
Additional Details
Name Of Person Stephen Lee Ching Yen
Age 75
Is effective date of cessation known? Yes
If yes, please provide the date 29/04/2022
Detailed Reason (s) for cessation Mr Stephen Lee Ching Yen retired as Non-Executive Independent Director upon the conclusion of the Annual General Meeting of CapitaLand Investment Limited held on 29 April 2022. Following his retirement from the Board, Mr Lee also ceased to be Chairman of the ERCC and the NC, respectively.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? No
Any other relevant information to be provided to shareholders of the listed issuer? No
Date of Appointment to current position 03/06/2021
Does the AC have a minimum of 3 members (taking into account this cessation)? Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation) 6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Executive Independent Director, ERCC Chairman, NC Chairman
Role and responsibilities Non-executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries Nil
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details CapitaLand Investment Limited - 220,726 shares (direct)
Past (for the last 5 years) Please see attached Appendix.
Present Please see attached Appendix.