SINGAPORE CHINESE CHAMBER OF COMMERCE FOUNDATION STATEMENT OF THE COMMITTEE OF MANAGEMENT

The Committee Members are pleased to present their statement to the members together with the audited financial statements of Singapore Chinese Chamber of Commerce Foundation (the “Foundation”) for the year ended 31 December 2022.

1. OPINION OF THE COMMITTEE OF MANAGEMENT

In the opinion of the Committee of Management,

(i) the financial statements of the Foundation are drawn up so as to give a true and fair view of the financial position of the Foundation as at 31 December 2022, and the financial performance, changes in funds and cash flowsof theFoundation for the year then ended; and

(ii) at the date of this statement, there are reasonable grounds to believe that the Foundation will be able to pay its debts as and when they fall due.

2. MEMBERS OF THE COMMITTEE OF MANAGEMENT

The Committee Members in office at the date of this statement are:

Kho Choon Keng (Chairman)

Ng Siew Quan (Vice-Chairman)

Lee Sze Leong (Vice-Chairman)(Appointed on 11 May 2022)

Ang Fung Fung (Treasurer)(Appointed on 11 May 2022)

Roland Ng San Tiong

Lim Hock Chee (Appointed on 11 May 2022)

Adrian Peh Nam Chuan

Thomas Pek Ee Perh

Tan Bock Huat

Edward Ang Boon Cheow

Anthony Tan Kang Uei (Appointed on 11 May 2022)

Chia Kim Huat

3. ARRANGEMENTS TO ENABLE COMMITTEE MEMBERS TO ACQUIRE SHARES AND DEBENTURES

Neither at the end of nor at any time during the financial year, was the Foundation a party to any arrangement whose objects are, or one of whose objects is, to enable the Committee members of the Foundation to acquire benefits by means of the acquisition of shares or debentures of the Foundation or any other body corporate.

The Foundation is a company limited by guarantee and has no share capital.

4. COMMITTEE MEMBERS’ CONTRACTUAL BENEFITS

Since the end of the previous financial year, no Committee Member has received or become entitled to receive a benefit by reason of a contract required to be disclosed by Section 201(8) of the Singapore Companies Act 1967.