Change - Announcement Of Appointment Of Non-Independent And Non-Executive Director

The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)

The Nominating Committee had considered the track record, age,

working experience, capability and the working knowledge within the APP Group of Benny lswandy and recommended his appointment as Non- Executive and Non-lndependent Director of the Company

The Board approved Benny lswandy's appointment as Non-Executive

and Non-lndependent Director of the Company

Whether appointment is executive, and if so,

the area of responsibility

Non-Executive

Job Title (e.g. Lead lD, AC Chairman, AC Member etc.)

Non-Executive and Non-lndependent Director

Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries

Nil

Conflict of interests (including any

competing business)

Nil

Working experience and occupation(s)

during the past 1O years

Benny lswandy currently holds the position of Corporate Global Sales Director

His working experience during his tenure with the APP Group were as

follows:

2013 to date

Corporate Global Sales Director, APP

2012 to 2013

Regional Director to Eastern Europe & North America, APP

2009 to 2011

Regional Director of South East Asia & Managing Director, APP Malaysia Branch

2007 to 2009

Deputy Regional Director of South East Asia & Managing Director, APP Malaysia Branch

Shareholding interest in the listed issuer

and its subsidiaries?

No

Present

APP Jordan For Free Trade Paper Zone Ltd, APP Paper Co Ltd and APP Japan Ltd

(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?

No

(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?

No

(c) Whether there is any unsatisfied

judgment against him?

No

(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?

No

(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 pending criminal proceedings of which he is aware) for such breach?

No

(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 any law or regulatory requirement 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?

No

(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?

No

(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?

No

(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?

No

(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or

No

(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or

No

(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or

No

(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?

No

(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?

No

Any prior experience as a director of a listed

company?

No

lf Ves, Please provide full details

The Company will arrange for Benny swandy to receive relevant training to familiarize himself with the roles and responsibilities of a director of a listed company in Singapore.