This printed article is located at https://cordlife.listedcompany.com/news.html
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Oct 30, 2025 21:18 |
| Status | New |
| Announcement Sub Title | Cessation of Executive Chairman |
| Announcement Reference | SG251030OTHRMX2E |
| Submitted By (Co./ Ind. Name) | Goh Xun Er |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Mr. Zhai Lingyun as an Executive Chairman |
| Additional Details | |
| Name Of Person | Zhai Lingyun |
| Age | 52 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 05/11/2025 |
| Detailed Reason (s) for cessation | Mr. Zhai has informed the Board of his decision to step down as an Executive Chairman and Director of Cordlife Group Limited ("Company") in order to focus on other business and personal commitments. Mr. Zhai will, however, continue to serve in certain management capacities within the Group. The Board wishes to express its sincere appreciation to Mr. Zhai for his valuable contributions during his tenure. Following his resignation, Mr. Zhai will also cease to be a member of the Nominating Committee. |
| 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 | 16/06/2025 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into 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 | 5 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Chairman and Director and a member of the Nominating Committee |
| Role and responsibilities | Executive Chairman of the Company |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Yes. Mr. Zhai is a Director nominated by Nanjing Xinjiekou Department Store Co., Ltd, a substantial shareholder of the Company. |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | 1.Chairman, Shandong Cord Blood Bank 2, Chairman, Nanjing Xinjiekou Department Store Co., Ltd 3.Chairman, Natali Seculife Holdings Ltd |
| Present | 1. Director, Natali Healthcare Solutions UK Limited 2. Chairman, Dendreon Pharmaceuticals LLC |