Banyan Tree Holdings Limited announced the retirement of Mrs. Fang Ai Lian as non-executive independent director, chairman of audit and risk committee. Mrs. Fang Ai Lian is subject to retirement pursuant to Regulations 100 and 101 of the Company's Constitution at the forthcoming annual general meeting to be held on 28 April 2021 and does not wish to seek for re-election. Accordingly, she will cease as a Director of the Company.