MR BENJAMIN TEO JONG HIAN

Malaysia

Male

32

Deputy Chief Executive Officer

Executive

Mr Benjamin Teo joined the Board of Directors (Board) of Paramount Corporation Berhad (Paramount or the Company) as an Executive Director on 22 August 2019. He started his career at Paramount as a management trainee in 2012. He rose through the ranks to become the Director of Innovation at Paramount Property in 2015 and the Chief Executive Officer of Paramount Property Development Sdn Bhd in 2018. During this time, he led the development of Co-labs Coworking, providing alternative solutions to address the changing needs of todays workforce. Co-labs Coworking has since expanded, from one space in 2016 in Glenmarie, Shah Alam to five locations across the Klang Valley today namely The Starling and The Starling Plus in Petaling Jaya, Sekitar26 Enterprise in Shah Alam, Naza Tower in KL City Centre and Tropicana Gardens in Kota Damansara. Effective 1 March 2021, Mr Teo has assumed the overall responsibility of formulating and implementing strategic and operational plans for Paramount Property, and navigating this business segment into the next phase of growth.

He is the son of the late Dato' Teo Chiang Quan who is a major shareholder of the Company.

Direct Interest:
(1) 1,102,280 ordinary shares in the Company; and
(2) 222,480 warrants in the Company
Indirect Interest:
(1) 19,200 restricted shares (RS) and up to 138,800 performance-based shares (PS) under the 2019 Long Term Incentive Plan (LTIP) Grant awarded on 13 March 2019; and
(2) 66,900 RS and up to 252,400 PS under the 2020 LTIP Grant awarded on 13 March 2020.