Anglo-Eastern Plantations Regulatory News (AEP)

10 August 2022

Anglo-Eastern Plantations Plc

("AEP", "Group" or "Company")

Directorate Change

Following the announcement of the retirement of Madam Lim Siew Kim from the Board on

8 July 2022, AEP is profoundly sad to note the passing of Madam Lim on 14 July 2022. Many shareholders have expressed their heartfelt condolences to the family, as well as thanking Madam Lim for her leadership and AEP's achievements and success during her tenure on the Board.

Genton International Limited remains a significant shareholder and AEP is pleased to announce the appointment of Marcus Chan Jau Chwen, the son of Madam Lim, on to the Board of AEP as a Non-Executive Director to continue Madam Lim's family involvement in the Company.

Marcus is 38 years old and graduated from the University of Melbourne, Australia with a Bachelor of Commerce. He is currently completing his Master in Business Administration from China Europe International Business School ("CEIBS"). After graduation, Marcus started his career at Ernst & Young Malaysia as an associate auditor and then moved on to be involved with family and associated businesses. His main experience is in business development and marketing. He previously worked in a boutique corporate finance advisory services firm in Kuala Lumpur, Malaysia for three years. Marcus' youth and dynamism will add value to the Group.

There are no additional matters that would require additional disclosure under LR9.6.13R in respect of Marcus Chan Jau Chwen.

The Board expects to announce the appointment of an additional independent Non-Executive Director later this year.

For further enquiry, contact:-

Anglo-Eastern Plantations Plc

Dato' John Lim Ewe Chuan +44 (0) 20 7216 4621

Panmure Gordon (UK) Limited

Dominic Morley +44 (0) 20 7886 2954