The Board of Link Real Estate Investment Trust announced the following changes to the members of the Board and the Board Committees: Mr. Stanley KO Kam Chuen retired as an independent non-executive Director, a member of the audit committee, and a member of the human resources and compensation committee, all at the conclusion of the 2014 AGM held on 23 July 2014; Dr. Patrick FUNG Yuk Bun will retire as an independent non-executive Director and the chairman of the remuneration committee both effective from 1 August 2014 upon his completion of the maximum term of services of 9 years for independent non-executive Director according to the corporate governance policy set out in the Compliance Manual; Mr. Anthony CHOW Wing Kin will become the chairman (currently a member) of the remuneration committee effective from 1 August 2014; Mr. Peter TSE Pak Wing has been appointed as a new independent non-executive Director, a member of the audit committee, and a member of the remuneration committee, all effective from 24 July 2014; Ms. Nancy TSE Sau Ling has been appointed as a new independent non-executive Director and a member of the remuneration committee, both effective from 24 July 2014; Mr. William CHAN Chak Cheung (an existing independent non-executive Director) has been appointed as a member of the nomination committee effective from 24 July 2014; Mr. Andy CHEUNG Lee Ming (currently an executive Director and the chief financial officer) has been appointed as a member of the human resources and compensation committee effective from 24 July 2014; and Mrs. Eva CHENG LI Kam Fun (an existing independent non-executive Director) has been appointed as a member of the finance and investment committee effective from 24 July 2014. Mr. Peter TSE, aged 63, was an executive director of CLP Holdings Limited up till May 2012. He then became a non-executive director until he retired in April 2013.

Ms. Nancy TSE, aged 61, joined the Hospital Authority in 1991 and was the chief financial officer and the Director (Finance and Information Technology Services) of the Hospital Authority before her retirement in August 2013.