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GLG CORP LTD — Board/Management Information 2025
Aug 24, 2025
64991_rns_2025-08-24_7ad9b27e-0971-4701-b873-0de04dd51025.pdf
Board/Management Information
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GLG Corp Ltd ACN 116 632 958 Suite 4201 Level 42 Australia Square 264 George Street Sydney NSW 2000 Australia www.ghimli.com
25 August 2025
Change of Director Role
In accordance with ASX Listing Rule 3.16, GLG Corp Ltd (the “ Company ”), advises that Mr Khay Ti Por, who has served as an Independent Non-Executive Director since 25 October 2022, will transition to an executive role and no longer be considered independent effective immediately.
As part of this transition, Mr Por will assume an expanded role involving direct participation in the Company’s day-to-day operations. In line with Recommendation 2.3 of the ASX Corporate Governance Principles and Recommendations (4th Edition), the Board has reassessed Mr Por’s independence and determined that he should now be classified as an Executive Director.
The Board has approved a change to Mr Por’s remuneration in connection with his new executive responsibilities, with effect from 1 July 2025. Under the revised terms Mr Por will receive:
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a director fee of USD$48,000 per annum; and
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a base salary of SGD$150,000 per annum as an employee of the Company.
The Company remains committed to strong corporate governance and transparency, and welcomes Mr Por’s continued contribution in his expanded role.
This announcement was authorised for release by the Board of Directors of GLG Corp Ltd.
Jade Cook
Company Secretary GLG Corp Ltd [email protected] Phone: +61 402 301 287
About GLG Corp Ltd
GLG Corp. Ltd is a global textile and apparel supply chain manager of casual lifestyle knitwear apparel, to major U.S. and European retailers. We supply approximately 30 million garments a year through our global marketing and manufacturing network. We offer a total solution package with an integrated onestop service approach, from in-house product design and development, commercialization of orders, material management, production planning and control, to comprehensive post-manufacturing logistics solutions.