Change - Announcement Of Resignation Of Non-Independent Non-Executive Director

Jun 30, 2023
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Jun 30, 2023 8:10
Status New
Announcement Sub Title Resignation of Non-Independent Non-Executive Director
Announcement Reference SG230630OTHRZ20A
Submitted By (Co./ Ind. Name) Jun Yamamura
Designation Executive Director and CEO
Description (Please provide a detailed description of the event in the box below) Resignation of Non-Independent Non-Executive Director.

DBS Bank Ltd. was the Sole Financial Adviser, and DBS Bank Ltd. and Nomura Singapore Limited were the Joint Issue Managers for the initial public offering of Daiwa House Logistics Trust.
Additional Details
Name Of Person Eiichi Shibata
Age 62
Is effective date of cessation known? Yes
If yes, please provide the date 30/06/2023
Detailed Reason (s) for cessation As part of the progressive succession planning of Daiwa House Group, Mr Eiichi Shibata will relinquish his current role as the Non-Independent Non-Executive Director of Daiwa House Asset Management Asia Pte. Ltd., as manager of Daiwa House Logistics Trust ("DHLT" and the manager of DHLT, the "REIT Manager").

The Board of Directors of REIT Manager wishes to take this opportunity to express its appreciation to Mr Eiichi Shibata for his dedication and invaluable contribution to DHLT and the REIT Manager during his term of office.
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 12/04/2021
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 2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Independent Non-Executive Director
Role and responsibilities Non-Independent Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries NIL
Shareholding interest in the listed issuer and its subsidiaries? No
Past (for the last 5 years) 1. Stanley-Martin Holdings, LLC
2. Rawson Group Pty Ltd.
3. Trumark Companies, LLC
5. KOUYAMA Transport Co., Ltd
6. CastleRock Communities LLC
7. Wakamatsu Unyu, Inc.
8. Wakamatsu Konpou Unyu Soko, Inc.
9. JUST Logistics, Inc.
10. Nippon Butsuryu Management, Inc.
11. Daiwa House Modular Europe B. V.
Present Nil