Non-Executive Chairman

Mr Ernest Seow Teng Peng is an Independent Director, Non-Executive Chairman of the Board, Chairman of the Remuneration Committee, and a member of the Audit and Nominating Committees.

Mr Seow is a member of the Institute of Chartered Accountants in Australia, CPA Australia and Institute of Certified Public Accountants in Singapore. He was in the public accounting profession for about 40 years, most of the time as a partner of international accounting firms. In 2004, he retired as a partner of PricewaterCoopers.

During his time in the public accounting profession, his audit assignments cover most industries including departmental stores. He was the engagement partner for a number of listed companies and was involved in the public listing of several companies on the Singapore Stock Exchange. During the course of his professional work, he also provided advice on setting up internal controls, restructuring and financial matters.

Mr Seow is currently a consultant on financial matters and an independent director and chairman of the audit committee of SSH Corporation Ltd and GLG Corp Ltd (a company listed on the Australian Stock Exchange) and other private companies.

CHIEF EXECUTIVE OFFICER

Mr Foo Tiang Sooi joined the Company as Chief Operating Officer in February 1999. On 1 June 2006, he was appointed as Chief Executive Officer and remains as a member of the Board. He is a member of the Nominating Committee with effect from 30 January 2009. He was a Non-Executive Director of the Company from 1994 to January 1999.

Mr Foo has more than 18 years of experience with leading international management consultancies, focusing on strategic planning, organisation development and corporate finance. He holds a Master of Science (Economics) Degree from the London Business School. He is a Fellow of the Institute of Chartered Accountants in England and Wales and a member of the Institute of Certified Public Accountants of Singapore.

Board Member

Mr Cecil Vivian Richard Wong is an Independent Director, Chairman of the Audit Committee and a member of the Remuneration Committee. He also sits on the boards of several listed companies as Independent Director.

Mr Wong’s career dates back to 1953 when he was a Partner at Evan Wong & Company, a firm of Chartered Accountants from 1953 to 1971 when it merged with Turquand Youngs & Co (presently known as Ernst & Young International). He remained as a Partner until his retirement in 1985.

He was awarded the Public Service Medal in 1992 and the Public Service Star in 2000 in recognition of his Public Service contributions. He holds a Bachelor of Arts Degree from the University of Cambridge and is a member of the Institute of Certified Public Accountants of Singapore.

Board Member

Mr Michel Grunberg is an Independent Director, appointed as a member of the Board on 5 May 2008. He is the Chairman of the Nominating Committee and member of the Audit and Remuneration Committees.

Mr Grunberg has more than 34 years of business and work experience in the retail industry of which 28 years were with the Estee Lauder Group in senior capacities worldwide and in Europe, the Middle East, Africa, and most recently the Asia-Pacific Region including Singapore and China. He last served as a Senior Vice President and Regional Head of Asia-Pacific and retired from the Estee Lauder Group in March 2007. He currently manages a business consultancy company.

Mr Grunberg holds a Bachelor of Arts in Industrial Administration from Robert College, Istanbul, Turkey, and an MBA in Industrial Administration from Bosphorus University, Istanbul, Turkey, and underwent the Estee Lauder Management Development Program at Oxford University, Oxford, England.