| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | ANNOUNCEMENT OF CESSATION OF INDEPENDENT AND NON-EXECUTIVE DIRECTOR |
| Securities | SAPPHIRE CORPORATION LIMITED (SAPPHIRE) |
| Date & Time of Broadcast | Oct 24, 2019 18:51 |
| Submitted By | Gwendolyn Gn Jong Yuh Company Secretary |
| Description | ANNOUNCEMENT OF CESSATION OF INDEPENDENT AND NON-EXECUTIVE DIRECTOR |
| Cessation Details | |
| Name of person | ZHAI GUIWU |
| Age | 54 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Oct 24, 2019 |
| Detailed reason(s) for cessation | Mr Zhai Guiwu has decided to focus on his work commitments and to pursue other interests. |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of appointment to current position | Dec 18, 2017 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| Number of independent directors currently resident in Singapore (taking this account this cessation) | 2 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 0 |
| Job Title | Independent Director, Chairman of Nominating Committee, and a member of the Audit and Risk Committee and the Remuneration Committee |
| Role and responsibilities | Independent Director |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Nil |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Past (for the last 5 years) | CHINA SHENHUA SHENDONG COAL BRANCH COMPANY SHENHUA SHENDONG COAL GROUP CO., LTD. |
| Present | NIL |
