UnUsUal expects to appoint replacement chairman, independent directors within two weeks after July 27 AGM

• UnUsUal told SGX its board will drop to two executive directors immediately after the July 27 AGM, leaving no chairman or independent directors.
• Audit committee, remuneration committee lose all members; nominating committee left with only CEO Leslie Ong Chin Soon as a member.
• Replacement chairman and independent directors targeted within two weeks of the AGM; board committees to be reconstituted once appointments are made.
• Interim oversight to sit with the two executives; no significant internal control, risk, financial reporting, or interested person matters expected in the gap.
• Remediation tied to a disclaimer of opinion expected to stay on track; outgoing auditor CLA and proposed auditor Nexia did not comment on the board’s plan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UnUsUal Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: ENTOZFOLH6MSTVIU) on July 16, 2026, and is solely responsible for the information contained therein.