The Board of Directors of Karex Berhad ("the Company") wishes to announce that with effect from 28 August 2025, Mr Jaimie Sia Zui Keng will be appointed as the new Independent Non-Executive Director of the Company, he will also be appointed as the Member of the Risk Management Committee (“RMC”), Audit Committee (“AC”) and Remuneration Committee (“RC”).

Mr Goh Leng Kian will be re-designated from Executive Director to Non-Independent Non-Executive Director with effect from 31 August 2025.

Following the above changes, the composition of the Board, AC, RMC, RC, Nomination Committee and ESOS Committee of the Company will be as follows:

Board of Directors

1.          Prof. Dato’ Dr. Adeeba Binti Kamarulzaman (Chairwoman, Independent Non-Executive Director)

2.          Dato’ Edward Siew Mun Wai (Independent Non-Executive Director)

3.          Mr Chew Fook Aun (Independent Non-Executive Director) 

4.          Madam Lam Jiuan Jiuan (Non-Independent Non-Executive Director)

5.          Madam Goh Yen Yen (Non-Independent Non-Executive Director)

6.          Ms Kung Chin Woon (Independent Non-Executive Director)

7.          Mr Jaimie Sia Zui Keng (Independent Non-Executive Director)

8.          Mr Goh Leng Kian (Non-Independent Non-Executive Director) (with effect from 31 August 2025)

9.          Mr Goh Miah Kiat (Executive Director/ Chief Executive Officer)

Audit Committee

1.          Mr Chew Fook Aun (Chairman, Independent Non-Executive Director) 

2.          Dato’ Edward Siew Mun Wai (Member, Independent Non-Executive Director)

3.          Madam Lam Jiuan Jiuan (Member, Non-Independent Non-Executive Director)

4.          Ms Kung Chin Woon (Member, Independent Non-Executive Director)

5.          Mr Jaimie Sia Zui Keng (Member, Independent Non-Executive Director)

Nomination Committee

1.          Ms Kung Chin Woon (Chairwoman, Independent Non-Executive Director) 

2.          Madam Lam Jiuan Jiuan (Member, Non-Independent Non-Executive Director)

3.          Mr Chew Fook Aun (Member, Independent Non-Executive Director) 

Remuneration Committee

1.         Dato’ Edward Siew Mun Wai (Chairman, Independent Non-Executive Director)

2.         Madam Goh Yen Yen (Member, Non-Independent Non-Executive Director)

3.         Mr Chew Fook Aun (Member, Independent Non-Executive Director) 

4.         Ms Kung Chin Woon (Member, Independent Non-Executive Director)

5.         Mr Jaimie Sia Zui Keng (Member, Independent Non-Executive Director)

Risk Management Committee

1.        Madam Lam Jiuan Jiuan (Chairwoman, Non-Independent Non-Executive Director)

2.        Dato’ Edward Siew Mun Wai (Member, Independent Non-Executive Director)

3.        Mr Chew Fook Aun (Member, Independent Non-Executive Director)

4.        Ms Kung Chin Woon (Member, Independent Non-Executive Director)

5.        Mr Jaimie Sia Zui Keng (Member, Independent Non-Executive Director)

ESOS Committee

1.       Mr Chew Fook Aun (Chairman, Independent Non-Executive Director) 

2.       Dato’ Edward Siew Mun Wai (Member, Independent Non-Executive Director)

3.       Madam Lam Jiuan Jiuan (Member, Non-Independent Non-Executive Director)

4.       Ms Kung Chin Woon (Member, Independent Non-Executive Director)

The detailed announcements pursuant to Paragraph 9.19 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Malaysia”), in relation to the above changes, are being released separately to Bursa Malaysia.

This announcement is dated 28 August 2025.