Change - Announcement of Appointment::Appointment of Non-Independent Non-Executive Director

Issuer/ ManagerOCEANUS GROUP LIMITEDSecuritiesOCEANUS GROUP LIMITED - SG1M80907371 - 579
Stapled SecurityNo

Announcement Title Change - Announcement of AppointmentDate &Time of Broadcast 15-Dec-2021 17:18:30Status NewAnnouncement Sub TitleAppointment of Non-Independent Non-Executive DirectorAnnouncement ReferenceSG211215OTHRP21LSubmitted By (Co./ Ind. Name)Peter Koh Heng KangDesignationExecutive Director and CEODescription (Please provide a detailed description of the event in the box below)Appointment of Non-Independent Non-Executive Director

Date Of Appointment15/12/2021Name Of PersonCleveland CuacaAge26Country Of Principal ResidenceSingaporeThe Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)Upon the recommendation of the Nominating Committee, which had reviewed the qualifications and experiences of Mr Cuaca, the Board of Directors approved his appointment as a Non-Independent Non-Executive Director, and a member of each of the Audit Committee and the Remuneration Committee of the Company. Whether appointment is executive, and if so, the area of responsibilityNon-Executive Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Non-Independent Non-Executive Director and a member of each of the Audit Committee and the Remuneration Committee of the Company. Professional qualifications
1) Master of Arts in Management, Regent s University

2) Bachelor of Science Accounting and Management, Queen Mary University of London

Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiariesYes. Executive Director and majority shareholder of Alacrity Investment Group Limited (substantial shareholder of the listed issuer)Conflict of interests (including any competing business)NoWorking experience and occupation(s) during the past 10 yearsJune 2019 to present
Executive Director, Alacrity Investment Group Limited

August 2019 to present
Executive Director, CFI Group, including CFI Pte. Ltd., CFAM Pte. Ltd., NG2COS Pte. Ltd. and CFAM Advisory Pte. Ltd.

October 2019 to present
Executive Director, CFPI Pte. Ltd.

November 2020 to present
Director, Richard Mille Asia Pte. Ltd.

March 2021 to present
Director, CFAM Foundation Limited

October 2021 to present
Executive Director, En Venture Pte. Ltd.
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))YesShareholding interest in the listed issuer and its subsidiaries?YesShareholding DetailsDeemed interest: 3,545,729,444 ordinary shares in the Company held by Alacrity Investment Group# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).Past (for the last 5 years)NAPresent1. Executive Director and majority shareholder, Alacrity Investment Group Limited
2. Executive Director, CFI group, including CFI Pte. Ltd., CFAM Pte. Ltd., NG2COS Pte. Ltd. and CFAM Advisory Pte. Ltd.
3. Executive Director, CFPI Pte. Ltd.,
4. Director, Richard Mille Asia Pte. Ltd.
5. Director, CFAM Foundation Limited
6. Executive Director, En Venture Pte. 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(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; orNo(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; orNo(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; orNo(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?NoAny prior experience as a director of an issuer listed on the Exchange?NoIf no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the ExchangeThe director will be attending the next run of the SID Listed Entity Director Programme in March 2022.Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)NA

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