7.9.1 Composition of Appeals Committee

The Appeals Committee shall comprise persons appointed by the SGX RegCo Board and approved by MAS provided that:

(a) the Appeals Committee shall not have a member who is, or who within three years of the proposed appointment date was, a director, officer or employee of:
(i) Singapore Exchange Limited; or
(ii) any of Singapore Exchange Limited's Related Corporations;
(b) a majority of the Appeals Committee shall not be directors, officers or employees of any member of Singapore Exchange Limited or Singapore Exchange Limited's subsidiaries; and
(c) a majority of the Appeals Committee shall not be substantial shareholders of Singapore Exchange Limited or directors, officers or employees of any substantial shareholder of Singapore Exchange Limited.

Amended on 5 December 20065 December 2006, 15 September 201715 September 2017 and 3 June 20193 June 2019.