The Board of Directors of China Resources Beer (Holdings) Company Limited announced that for the reason that Dr. Cheng Mo Chi, Moses would like to devote his time to other affairs, Dr. Cheng Mo Chi, Moses will retire as an Independent Non-Executive Director of the Company, and accordingly a member of each of Audit Committee, Compensation Committee and Investment and Project Review Committee of the Company, with effect from the conclusion of the Company's annual general meeting to be held on 21 June 2022 in accordance with the Articles of Association of the Company.