The Board of Directors of MCT ("Board") wishes to announce that the Board has approved the combination of the Nomination Committee ("NC") and Remuneration Committee ("RC") into a single board committee known as the Nomination and Remuneration Committee ("NRC") with effect from 1 April 2022.

The Board  is of the view that combining the NC and RC is to enhance the Committees in discharging their duties and responsibilities.

The composition of the NRC is as follows: -

1. Tan Sri Dato' Hj. Abd Karim Bin Shaikh Munisar - Chairman (Independent Non-Executive Director)

2. Mr. Lao Chok Keang - Member (Independent Non-Executive Director)

3. Mr. Bernard Vincent Olmedo Dy - Member (Non-Independent Non-Executive Director)

This announcement is dated 31 March 2022.