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Rudolf Hardy
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1 Page 1 of 4 ANNOUNCEMENT OF APPOINTMENT OF INDEPENDENT DIRECTOR 0 Tweet * Asterisks denote mandatory information Name of Announcer * Company Registration. Announcement submitted on behalf of Announcement is submitted with respect to * Announcement is submitted by * Designation * G S. Prema Joint Company Secretary Date & Time of Broadcast 31-Jul :58:52 Announcement >> ANNOUNCEMENT DETAILS The details of the announcement start here... Date of Appointment * 01/08/2013 Name of person * Euleen Goh Yiu Kiang Age * 58 Country of principal residence * The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * Whether appointment is executive, and if so, the area of responsibility * Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Working experience and occupation(s) during the past 10 years * Interest * in the listed issuer and its subsidiaries * Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * Conflict of interests (including any competing business) * Singapore The Board has constantly been on the watch for talent to contribute to the Group at the Board level. The appointment of Ms Euleen Goh Yiu Kiang, a well-qualified and experienced individual, complements the competencies and skills of the present Board. Her nomination as an independent director of the Company was made by the minating Committee, and approved by the Board. n-executive Independent n-executive Director 2001 to 2006: Chief Executive, Standard Chartered Bank Singapore 2,774 ordinary shares in SATS Ltd. Nil Nil >> OTHER DIRECTORSHIP # These fields are not applicable for announcements of appointments pursuant to Listing Rule 704(9) or Catalist Rule 704(8). Past (for the last 5 years) Accounting Standards Council Aviva plc CapitaLand Financial Limited Financial Industry Competency Standards Committee MediaCorp Pte Ltd Singapore Airlines Limited Singapore Exchange Limited Singapore Institute of International Affairs Standard Chartered Bank Malaysia Berhad

2 Page 2 of 4 Standard Chartered Bank Thai Pcl The Institute of Banking & Finance CapitaLand Limited DBS Bank Ltd DBS Group Holdings Ltd Singapore Chinese Girls School Present Other Appointments: Justice of Peace Management Advisory Board of NUS Business School (Member) rthlight School (Chairperson, Board of Governors) Singapore Institute of International Affairs Endowment Fund (Trustee) Singapore International Foundation (Chairman, Board of Governors) >> INFORMATION REQUIRED PERSUANT TO LISTING RULE 704(7)(H) Disclose the following matters concerning an appointment of director, chief executive officer, general manager or other executive officer of equivalent rank. If the answer to any questions is "yes", full details must be given. (a)* Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner? (b)* Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency? (c)* Whether there is any unsatisfied judgment against him? (d)* Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose? (e)* Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any

3 Page 3 of 4 pending criminal proceedings of which he is aware) for such breach? (f)* Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part? (g)* Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust? (h)* Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust? (i)* Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity? (j)* Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :- (i)* any corporation which has been investigated for a breach of governing corporations in (ii)* any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in (iii)* any business trust which has been investigated for a breach of governing business trusts in (iv)* any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?

4 Page 4 of 4 (k)* Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere? >> INFORMATION REQUIRED PERSUANT TO LISTING RULE 704(7)(I) Disclosure applicable to the appointment of Director only. Any prior experience as a director of a listed company? If yes, please provide details of prior experience. Past and Present directorships in - Aviva plc - CapitaLand Limited - DBS Group Holdings Ltd - Singapore Airlines Limited - Singapore Exchange Limited Footnotes Attachments EG_DBS_2.pdf Total size =23K (2048K size limit recommended)

5 1 In 2009, the MAS made investigations into the sale and marketing of structured notes linked to Lehman Brothers ("Lehman tes"). MAS's investigations revealed that 10 financial institutions, of which DBS Bank Ltd ("DBS") was one had certain failings in the policies, procedures and controls they had in place for the approval, sales and marketing of Lehman tes. Arising from the investigation, DBS has been directed by the Monetary Authority of Singapore ("MAS") to cease to carry on business in dealing in and providing any financial advisory services in Singapore in respect of any new transactions to an individual (except those served by the private banking unit) for all structured notes with effect from 1 July 2009 for a period of six months or until the MAS is satisfied that DBS has put in place adequate measures to address the findings, whichever is the later (the "Ban"). With effect from 12 February 2010, MAS has lifted the Ban on the sale of structured notes for DBS. 2 MAS censured DBS on 4 August 2010 for the shortcomings and inadequacies in the management oversight of its outsourced IT systems, networks, operations and infrastructure that resulted in the widespread system outage on 5 July MAS has also taken supervisory action against DBS and directed the DBS to adopt certain measures in relation to its IT infrastructure and outsourcing vendors as well as to apply a multiplier of 1.2 times to its risk-weighted assets for operational risk. On 28 October 2011, MAS announced that DBS had met all key deliverables and lifted the operational risk multiplier. 3 MAS had reprimanded DBS on 6 October 2011 for breaching the requirements under the Representative tification Framework ("RNF") by allowing its representatives to carry out regulated activities prior to their registration with MAS. On 30 vember 2011, MAS published the regulatory action that they have taken against 15 financial institutions (including DBS) for breaches relating to the RNF. Of the 15, 10 had been ordered to pay composition fines ranging from S$5,000 to S$216,000. Four others had like DBS been reprimanded. 4 In June 2013, the MAS censured twenty banks (including DBS Bank Ltd) for deficiencies in their benchmark submissions for Singapore dollar interest rate and foreign exchange spot benchmarks, and directed them to adopt measures to address their deficiencies. These banks are to report their progress to the MAS quarterly, and conduct independent reviews to ensure the robustness of their remedial measures. They are also required to set aside additional statutory reserves with the MAS at zero interest for a period of one year. The supervisory actions taken depend on the severity of the attempts by traders from the banks to inappropriately influence the benchmarks. There are five categories of additional statutory reserves (ranging from S$0 to S$1.2 billion). DBS Bank Ltd is in the third category (S$400 S$600 million).

Executive Chairman and Chief Executive Officer

Executive Chairman and Chief Executive Officer ANNOUNCEMENT OF APPOINTMENT OF FINANCIAL CONTROLLER Like Tweet 0 0 0 * Asterisks denote mandatory information Name of Announcer * YAMADA GREEN RESOURCES LIMITED Company Registration. Announcement submitted