The Board of Directors of Shangri-La Asia Limited announced that Mr. CHUA Chee Wui, who is currently the Group Chief Financial Officer and Group Chief Investment Officer, has been appointed an Executive Director of the Company and a member of the Executive Committee of the Board with effect from 1 September 2022. The relevant information required to be disclosed under the Rules Governing the Listing of Securities ("Listing Rules") on The Stock Exchange of Hong Kong Limited ("Stock Exchange") pertaining to Mr. CHUA is as follows: Mr. CHUA, aged 55, Singaporean, joined the Group in February 2018 as Executive Vice President of Special Projects. He was Head of Investment and Asset Management from January 2019 to August 2019 and was appointed Group Chief Investment Officer and Group Chief Financial Officer in September 2019 and August 2022 respectively.

Mr. CHUA holds a Bachelor of Arts (Honours) degree in Engineering Science from the University of Oxford, United Kingdom, and is a CFA charterholder. Mr. CHUA has not held any directorship in any listed company in the last three years. Prior to joining the Group, he had extensive global and regional experience across various industries, and previous roles included being the general manager of Keppel Group Strategic Development of Keppel Corporation Ltd. from 2000 to 2010 and the chief executive officer of Keppel Integrated Engineering of Keppel Corporation Ltd. from 2004 to 2010, and the executive vice president of Singbridge International Singapore Pte Ltd. (a subsidiary of Temasek Holdings (Private) Ltd) from 2010 to February 2013.

In accordance with the Company's bye-laws, Mr. CHUA shall: hold office until the next general meeting of the Company and will be eligible for re-election at the meeting; and be subject to retirement by rotation, and in any event no later than the third annual general meeting of the Company after he is so elected or re-elected at a general meeting of the Company, but will be eligible for re-election at the meeting. As at the date hereof, the directors of the Company are: Executive directors: Ms. KUOK Hui Kwong (Chairman), Mr. LIM Beng Chee (Group CEO) and Mr. CHUA Chee Wui (Group CFO & Group CIO). Independent non-executive directors: Professor LI Kwok Cheung Arthur, Mr. YAP Chee Keong, Mr. LI Xiaodong Forrest, Mr. ZHUANG Chenchao and Ms. KHOO Shulamite N K.