Nandu was appointed as the Chairman of our Board with effect from the conclusion of the Annual General Meeting on 23 April 2024. Nandu was originally appointed as an Independent Director of our company on 3 January 2017. Nandu has over 42 years of global experience in leadership roles across a diverse set of environments including both emerging and developed markets.

From 1989 until his retirement in 2015, Nandu worked at a number of Nestlé group companies. He was a member of the Executive Board of Nestlé S.A. from 2010 to 2015, responsible, before his retirement, for Asia, Oceania and Africa, and earlier as the global CEO for Nestlé Nutrition, in charge of markets globally including the USA, Europe and Latin America. He also held senior management positions at Nestlé companies in the Philippines, Indonesia, India and Switzerland.

Nandu is currently a Professor at the Indian School of Business and a Guest Lecturer at the London Business School and holds directorships at Al Muhaidib Group and Livinguard Technologies AG.

In addition to being Chairman of our Board, Nandu is currently the Chairman of the Remuneration Committee, and a member of the Audit Committee, the Nominating Committee, and the Sustainability Committee.

Graham was appointed as an Independent Director of our Company on 1 January 2023. Graham has over 40 years of experience as a public accountant at PricewaterhouseCoopers (“PwC”) in Australia, the United States, and most recently as a partner for 20 years in Singapore. He retired from his position as an Assurance Partner at PwC Singapore on 30 June 2017. He commenced his professional career with PwC in Australia and spent time on secondment with the PwC US firm.

Graham is currently a director of the Robert Connor Dawes Foundation which acts to fund research into the treatment of paediatric brain cancer and to support patients. He also served as a Council member for the Singapore Business Federation (“SBF”) from 2012 to 2016. Graham was a Board member of the Australian Chamber of Commerce, Singapore for 18 years and held office bearer roles for all that time including as President from 2010 to 2013.

Graham qualified as a member of the Institute of Chartered Accountants in Australia and New Zealand and a Fellow of the Institute of Singapore Chartered Accountants.

Graham is the Chairman of the Audit Committee.

Meng Tat was appointed as an Independent Director of our Company on 1 June 2023. Meng Tat has extensive experience in consumer-focused industries with 35 years in several fields including banking, tourism, and beverages. In January 2022, he retired from the position of Chief Executive Officer, Non-Alcoholic Beverages (“NAB”) of Fraser and Neave, Limited (“F&N”). At F&N he was responsible for overseeing and driving the growth strategies of the NAB business, which has operations and investments in Indonesia, Malaysia, Myanmar, Singapore, Thailand and Vietnam. Prior to re-joining F&N in May 2015, Meng Tat was the Chief Executive Officer of Wildlife Reserves Singapore.

Meng Tat currently holds other directorships including as a Non-Executive Board Director of Vietnam Dairy Products Joint Stock Company (Vinamilk), a Chairman of the Council for the Singapore Cancer Society, and a Board Director, Vocational Service for the Rotary Club of Singapore West.

Meng Tat is the Chairman of the Nominating Committee and a member of the Remuneration Committee, the Risk Management Committee, and the Sustainability Committee.

Chin was appointed as an Independent Director of our Company on 1 October 2024. Chin has 40 years of experience in financial and general management in both MNC and Asian settings in the cocoa ingredients and chocolate confectionery industry.

He began his career in the industry in 1984 at De Zaan Far East Pte Ltd (Grace Cocoa) as its Chief Accountant. He was later transferred to W. R. Grace (Singapore) Pte Ltd, and in 1998 he rose to the rank of Chief Financial Officer (Asia Pacific).

In 2001, Chin joined Petra Foods Limited (our predecessor company) as its Chief Financial Officer and retired from the Company in 2013. He subsequently served on the Board of SGX-listed JB Cocoa Ltd as an Independent Director from 2014 to 2024, including as Non- Executive Chairman from 2023 to 2024.

Chin is Chairman of the Risk Management Committee, and a member of the Audit Committee and the Nominating Committee.

SB was appointed as an Independent Director of our Company on 1 October 2024. SB has over 40 years of experience in the cocoa ingredients and chocolate confectionery industry and possesses in-depth knowledge and experience in quality assurance and quality development.

Since 2022, SB has been the Operations Director at Sinopac Consultant Services (S) Pte Ltd, as Operations Director. In the role she is responsible for the manufacturing operations of Steenland Chocolate B.V., and is an Executive Director of Steenland Chocolate B.V.

From 1991 to her retirement in 2021, SB worked at our Company as part of the original team of key executives who together built the Cocoa Ingredients Division into one of the world’s largest cocoa ingredients suppliers before its divestment in 2013. She originally joined the Company as the Director of Quality Assurance, Technology and Operations in 1991, working her way over the years to become the Chief Operation Officer in 2014. She retired from our Company on 30 June 2021.

Before joining us, SB worked for Chocolate Products (M) Sdn Bhd, in roles encompassing quality control and production, and in De Zaan Far East (S) Pte Ltd as Quality Assurance and Development Manager, and Vice President (Quality Assurance and External Project Development) in 1989.

SB is a member of the Nominating Committee, the Remuneration Committee and the Sustainability Committee.

Pedro is a Non-Executive Non-Independent Director of our Company. He was originally appointed to our Board on 6 June 2001 as Chairman of the Board, and as an Independent Director on 12 June 2001. He was re-designated as Non-Executive Non-Independent after his re-election at the Annual General Meeting on 23 April 2024.

Pedro is the President of MGS Mata Global Solutions, and in that role serves as a senior advisor to Quad-C, a private equity fund based in the United States. From 2009 to 2012, he was the CEO of Classic Party Rentals, headquartered in Los Angeles, which at the time was the leading event rental company in the United States. Pedro has also served with several not-for-profit organizations including as the Trustee and Chairman of Zamorano University and Director of TransFair USA (a Fair-trade organization).

Prior to becoming a Director of our Company, Pedro served W.R. Grace & Co. for 29 years as President and CEO of several divisions, including serving for 6 years as Chief Executive Officer of Grace Cocoa. At the time, Grace Cocoa was the world’s largest and premier supplier of cocoa ingredients to the confectionery, dairy, bakery and beverage industries.

As a Non-Executive Non-Independent Director, Pedro is the Chairman of the Sustainability Committee and a member on the Nominating Committee and the Risk Management Committee.