| Announcement Title | Change – Announcement of Appointment |
| Date & Time of Broadcast | Aug 28, 2026 22:01:31 |
| Status | New |
| Announcement Sub Title | Appointment of Non-Executive Deputy Chairman |
| Announcement Reference | SG260828OTHR1N98 |
| Submitted By (Co./ Ind. Name) | Tan Kheng Hwee Andrew |
| Designation | Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Mr. Jan Frederic Moermann as the Non-Executive Deputy Chairman of the Company. |
| Additional Details | |
| Date of appointment | 31/08/2026 |
| Name of person | Jan Frederic Moermann |
| Age | 42 |
| Country of principal residence | Singapore |
| The Board’s comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process) | The Board of BBR Holdings has considered and reviewed the qualifications, expertise, work experience, ability to contribute and suitability of Mr. Jan Moermann as the Non-Executive Deputy Chairman.
Mr. Moermann has more than 15 years of relevant experience. In addition, with his experience and in-depth knowledge of asset management, corporate governance, leadership positions as well as real estate management and development, Mr. Moermann is in a good position to provide guidance to support the Chairman and the Board and to provide guidance and oversight on key strategic initiatives, transactions and corporate matters. The Board has concluded that Mr. Moermann will bring relevant and valuable experience particularly in the areas of real estate management, investment and capital allocation, capital markets and mergers and acquisitions, audit, risk and internal controls, remuneration and governance and institutional investor perspective. |
| Whether appointment is executive, and if so, the area of responsibility | Non-Executive |
| Job title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive Director and Non-Executive Deputy Chairman, Member of Audit and Risk Committee, Nominating Committee and Remuneration Committee |
| Professional qualifications | Master (M.A.) in Banking and Finance, University of St. Gallen
Bachelors (B.A.) in Business Administration, Accounting and Business Management, University of St. Gallen |
| Working experience and occupation(s) during the past 10 years | 2017 to Present: CEO and Managing Director of Quarz Capital ASIA (Singapore), an asset manager with focuses on investing in undervalued real estate companies including REITs in developed Asia (Singapore, Hong Kong, Australia, Japan).
2011 to 2017: Managing Director of Quarz Capital Management, an asset manager which focuses on investing in undervalued real estate companies including REITs in developed Asia (Singapore, Hong Kong, Australia, Japan). |
| Shareholding interest in the listed issuer and its subsidiaries | Yes |
| Shareholding details | Mr. Jan Frederic Moermann holds 31,507,000 shares, representing a 9.77% direct shareholding interest, in BBR Holdings (S) Ltd.
Mr. Jan Frederic Moermann is deemed to have an interest in 17,160,800 shares, representing a 5.32% shareholding interest, held by Quarz Capital ASIA (Singapore) in BBR Holdings (S) Ltd. Taking into consideration the direct and deemed interest of Mr. Jan Frederic Moermann, he has a total interest in 48,667,800 shares in BBR Holdings (S) Ltd, representing a total shareholding interest of 15.10%. |
| Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Mr. Jan Frederic Moermann is the CEO and Managing Director and has a controlling interest in Quarz Capital ASIA (Singapore), which has a deemed interest of 17,160,800 shares in BBR Holdings (S) Ltd |
| Conflict of interest (including any competing business) | No |
| Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer | Yes |
| Other Principal Commitments* Including Directorships# | |
| * “Principal Commitments” has the same meaning as defined in the Code of Corporate Governance. | |
| # These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8). | |
| Past (for the last 5 years) | Nil |
| Present | Quarz Partners AG Quarz Capital Management Quarz Capital ASIA (Singapore) Pte. Ltd. Quarz Capital Group Pte. Ltd. Active Value Holdings Pte. Ltd. Cashare AG Alpha Integrated REIT Interterritorial AG |
| Information Required | |
| Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is “yes”, full details must be given. | |
| (a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner? | No |
| (b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency? | No |
| (c) Whether there is any unsatisfied judgment against him? | No |
| (d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose? | No |
| (e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach? | No |
| (f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part? | No |
| (g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust? | No |
| (h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust? | No |
| (i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity? | No |
| (j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of:- | No |
| (i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or | No |
| (ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or | No |
| (iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or | No |
| (iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, | |
| in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | No |
| (k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere? | No |
| Disclosure applicable to the appointment of director only. | |
| Any prior experience as a director of an issuer listed on the Exchange? | Yes |
| If yes, please provide details of prior experience. | Non-Executive Non-Independent Director of Alpha Integrated REIT since October 2025 |