The board of Vanke Property (Overseas) Limited announced that Mr. Shium Soon Kong resigned from his office of independent non-executive Director with effect from 28 February 2019 due to personal reasons and other commitments. The Board announced that with effect from 1 March 2019, Mr. Zhang Anzhi has been appointed as the independent non-executive Director. Mr. Zhang worked at Deutsche Bank Aktiengesellschaft from 2009 to 2018, during which period he served in various management positions and his last position was Managing Director and Vice Chairman of Greater China Corporate Finance. Mr. Zhang currently serves as Chairman of Tempus Investment Holding Hongkong Limited. As a result of the resignation of Mr. Shium as an independent non-executive Director, he has ceased to act as the chairman of the Remuneration Committee and a member of the Nomination Committee with effect from 28 February 2019. Mr. Zhang has been appointed as the chairman of the Remuneration Committee and a member of the Nomination Committee with effect from 1 March 2019.