DEALING IN SECURITIES In compliance with the Catalist Rules on dealings in securities, Directors and employees of the Company are advised not to deal in the Company’s shares on short-term considerations or when they are in possession of unpublished price-sensitive information. The Company shall not deal in and prohibits dealings in its shares by its Directors, officers and employees during the period commencing one month before the announcement of the Company’s halfyear and full-year financial results, and ending on the date of the announcement of the financial results. INTERESTED PERSON TRANSACTIONS The Company has established procedures to ensure that all transactions with interested persons are reported in a timely manner to the AC, and that the transactions are carried out on normal commercial terms and will not be prejudicial to the interests of the Company and its minority shareholders. The aggregate value of interested person transactions entered into during FY 2024 were as follows:- Name of interested person Aggregate value of all interested person transactions during the financial year ended 31 December 2024 under review (excluding transactions less than $100,000 and transactions conducted under shareholders’ mandate pursuant to Rule 920) Aggregate value of all interested person transactions during the financial year ended 31 December 2024 conducted under shareholders’ mandate pursuant to Rule 920 (excluding transactions less than $100,000) Sales of products to Chori Co., Ltd, a controlling shareholder of the Company, and its related corporations. Nil (Note 1) Nil (Note 1) Purchase of products from Chori Co., Ltd, a controlling shareholder of the Company, and its related corporations. Nil S$587,717 (Note 2) Note 1 : The Group did not sell to Chori Co., Ltd and its related corporations during the financial year ended 31 December 2024. Note 2 : The Group purchased products from Chori Co., Ltd and its related corporations amounting to S$654,899 during the financial year ended 31 December 2024 and the aggregate value of purchases (excluding transactions less than S$100,000) amounted to S$587,717. MATERIAL CONTRACTS Save for the Service Agreements between the Executive Director and the Company and transactions as disclosed in the “Interested Person Transactions” section above, there were no material contracts entered into by the Company or any of its subsidiaries involving the interest of the Managing Director, any Director, or controlling shareholder. NON-SPONSOR FEES Non-sponsor services fees amounting to S$5,500 were paid to its sponsor, SAC Capital Private Limited, in FY 2024 as fees for equity research. 64 ANNUAL REPORT 2024 Corporate Governance Report
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