AUTAGCO LTD. — Board/Management Information 2025

Apr 14, 2025

AUTAGCO LTD. (Company Registration No. 200311348E) (Incorporated in the Republic of Singapore)

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CHANGES IN THE COMPOSITION OF THE BOARD AND BOARD COMMITTEES

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The Board of Directors (the “ Board ”) of Autagco Ltd. (the “ Company ”, and together with its subsidiaries, collectively the “ Group ”) wishes to announce the following changes:

(A) RETIREMENT OF INDEPENDENT DIRECTOR RESIGNATION OF LEAD INDEPENDENT DIRECTOR

• (i) Ms. Linda Hoon Siew Kin (“ Ms. Linda ”) had retired as Independent Director of the Company at the conclusion of the Annual General Meeting held on 7 March 2025 (“ 2024 AGM ”). Following her retirement, Ms. Linda has ceased to be the Chairman of the Remuneration Committee and a member of the Audit Committee and the Nominating Committee.

• (ii) Mr. Lim Yit Keong (“ Mr. Lim ”) had resigned as Lead Independent Director of the Company at the conclusion of the 2024 AGM. Following his resignation, Mr. Lim has ceased to be the Chairman of the Audit Committee and a member of the Remuneration Committee and the Nominating Committee.

The detailed announcement pursuant to Rule 704(6) of the Catalist Rules of the Singapore Exchange Securities Trading Limited (“ Catalist Rules ”) in relation to the retirement of Ms. Linda and resignation of Mr. Lim have been released via SGXNet on 20 February 2025.

The Board and the Company would like to record the appreciation to Ms. Linda and Mr. Lim for their valuable contributions during their tenure.

(B)

APPOINTMENT OF INDEPENDENT DIRECTOR

Ms. Tay Lee Sie Fiona (“ Ms. Tay ”) has been appointed as the Independent Director of the Company, Chairman of the Audit Committee and a member of the Nominating Committee (“ NC ”) and the Remuneration Committee (“ RC ”) (prior to the merger) with effect from 12 March 2025.

The detailed announcement pursuant to Rule 704(6) of the Catalist Rules containing the particulars of Ms. Tay has been released separately via the SGXNet on 11 March 2025.

(C) MERGER OF NOMINATING AND REMUNERATION COMMITTEES

The Company has merged the NC and RC into the Nominating and Remuneration Committee (" NRC ") with effect from 14 April 2025 for better efficiency in reviewing the appointment, performance and compensation of the directors and key executives and discharging other functions and responsibilities that were to be undertaken by the NC and the RC.

(D) APPOINTMENT OF NON-EXECUTIVE NON-INDEPENDENT DIRECTOR

Mr. Seah Kah Boon, Desmond (“ Mr. Seah ”) has been appointed as the Non-Executive Non-Independent Director of the Company, and member of the Audit Committee with effect from 15 April 2025.

The detailed announcement pursuant to Rule 704(6) of the Catalist Rules containing the particulars of Mr. Seah has been released separately via the SGXNet on 14 April 2025.

(E) APPOINTMENT OF LEAD INDEPENDENT DIRECTOR

Mr. Soh Chun Bin (“ Mr. Soh ”) has been appointed as the Lead Independent Director of the Company, and member of the Audit Committee and NRC with effect from 15 April 2025. The Board considers Mr. Soh to be independent for the purpose of Rule 704(7) of the Catalist Rules.

The detailed announcement pursuant to Rule 704(6) of the Catalist Rules containing the particulars of Mr. Soh has been released separately via the SGXNet on 14 April 2025.

(F) CHANGES IN THE COMPOSITION OF THE BOARD AND BOARD COMMITTEES

Consequent to the abovementioned changes, the composition of the Board and Board Committees of the Company shall be as follows with effect from 15 April 2025:

Board of Directors

Mr. Ng Boon Hui (Executive Chairman & Chief Executive Officer) Mr. Loke Pak Hoe, Patrick (Executive Director & Head of Corporate Development) Mr. Seah Kah Boon, Desmond (Non-Executive Non-Independent Director) Mr. Soh Chun Bin (Lead Independent Director) Ms. Wang Xiaolan (Independent Director) Ms. Tay Lee Sie Fiona (Independent Director)

Audit Committee

Ms. Tay Lee Sie Fiona (Chairman) Ms. Wang Xiaolan (Member) Mr. Soh Chun Bin (Member) Mr. Seah Kah Boon, Desmond (Member)

Nominating and Remuneration Committee

Ms. Wang Xiaolan (Chairman) Ms. Tay Lee Sie Fiona (Member) Mr. Soh Chun Bin (Member)

By Order of the Board

Ng Boon Hui Executive Chairman and Chief Executive Officer 14 April 2025

This announcement has been reviewed by the Company’s sponsor, SAC Capital Private Limited (the “ Sponsor ”).

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limtied (the “ SGX-ST ”) and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Lim Qi Fang (Tel: (65) 6232 3210), at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.