Change - Announcement of Cessation::Cessation of Chief Executive Officer of SBS Transit Rail Pte. Ltd.

Issuer/ ManagerSBS TRANSIT LTDSecuritiesSBS TRANSIT LTD - SG1F58858209 - S61
Stapled SecurityNo

Announcement Title Change - Announcement of CessationDate &Time of Broadcast 16-Dec-2021 17:22:14Status NewAnnouncement Sub TitleCessation of Chief Executive Officer of SBS Transit Rail Pte. Ltd.Announcement ReferenceSG211216OTHRLB16Submitted By (Co./ Ind. Name)Angeline Joyce Lee Siang PohrDesignationCompany SecretaryDescription (Please provide a detailed description of the event in the box below)Cessation of Mr Goei Beng Guan, Alex as Chief Executive Officer of SBS Transit Rail Pte. Ltd. (formerly known as SBS Transit DTL Pte. Ltd.), the wholly-owned subsidiary of the Company, with effect from 1 January 2022.

Name Of PersonGoei Beng Guan, AlexAge63Is effective date of cessation known?YesIf yes, please provide the date01/01/2022Detailed Reason (s) for cessationRe-designated as Head of Downtown Line as a result of the Company taking over the North-East Line business and operations from 1 January 2022, and the group Acting Head of Rail being designated CEO of the Company.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?NoIs there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?NoAny other relevant information to be provided to shareholders of the listed issuer?NoDate of Appointment to current position01/10/2017Does the AC have a minimum of 3 members (taking into account this cessation)?YesNumber of Independent Directors currently resident in Singapore (taking into account this cessation)8Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months5Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)N.A.Role and responsibilitiesOversees the operations of SBS Transit Rail Pte. Ltd. (Formerly known as SBS Transit DTL Pte. Ltd.)Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNILShareholding interest in the listed issuer and its subsidiaries?YesShareholding DetailsSBS Transit Ltd - 275,000 sharesPast (for the last 5 years)NILPresentNIL

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