Company Announcements

20 October 2022

Anglo-Eastern Plantations Plc

("AEP", "Group" or "Company")

Directorate Change

Anglo-Eastern Plantations Plc which owns, operates and develops plantations in Indonesia and Malaysia, is pleased to announce the appointment of Ms. Farah Suhanah Tun Ahmad Sarji to the Board, as an Independent Non-Executive Director, with effect from 20 October 2022.

Ms. Farah, aged 57, is a Malaysian citizen and was admitted as an Advocate and Solicitor of the High Court of Malaya in 1996. She graduated with a Bachelor of Arts (Hons) in Law from the University of Kent in 1988, and was admitted as a Barrister-at-Law of the Middle Temple, London in 1989.

Ms. Farah has over 26 years of legal and commercial expertise across Malaysia on regulatory requirements, locally and internationally, in the oil and gas, telecommunications and satellite industries as well as the palm oil plantation industry. She recently retired as the Group Legal Counsel from IOI Corporation, a public listed company in Malaysia with core businesses in palm oil plantations, palm oil downstream manufacturing and investment spanning across Malaysia, Singapore, China, Germany and the Netherlands. Previous to this, she was General Counsel at MEASAT Global, a Malaysian telecommunications company for 10 years, and concurrently managed her own private legal firm. Between 1989 to 1996, she worked for the Malaysian Government as a Deputy Public Prosecutor and Federal Counsel in the Attorney-General's Chambers.

The Board continues to observe the need for diversity with the appointment of Ms. Farah, who would also add value to AEP with her previous involvement in the palm oil plantation industry.

Ms. Farah is also a member of the Audit Committee and the Remuneration Committee, together with Mr Lim Tian Huat and on the Nomination and Corporate Governance Committee, together with Mr Lim Tian Huat and Mr Marcus Chan Jau Chwen.

Mr. Jonathan Law, the Chairman, and Dato' John Lim, the Executive Director, have resigned from the abovementioned committees in line with the UK corporate governance code.

There are no additional matters that would require additional disclosure under Listing Rules 9.6.13R in respect of Ms. Farah Suhanah Tun Ahmad Sarji.

The Board would like to take this opportunity to welcome Ms. Farah to the Board of AEP.

For further enquiry, contact:-

Anglo-Eastern Plantations Plc

Dato' John Lim Ewe Chuan                                 +44 (0) 20 7216 4621

Panmure Gordon (UK) Limited

Dominic Morley                                                    +44 (0) 20 7886 2954