Hong Kong Shanghai Alliance Holdings Limited announced that Mr. Tam King Ching Kenny will retire from the Board with effect from the conclusion of the 2023 AGM. Mr. Tam King Ching Kenny will retire from office as an independent non-executive director by rotation at the forthcoming annual general meeting of the Company to be held on 18th August 2023. Mr. Tam has advised the Company that he will not offer himself for re-election in order to devote more time for his other personal commitment and will retire from the Board with effect from the conclusion of the 2023 AGM.

Upon his retirement, Mr. Tam will also cease to be the chairman of the audit committee and a member of each of the remuneration committee and the nomination committee of the Company.