The board of Directors of CK Hutchison Holdings Limited announced that: The Hon Sir Michael David Kadoorie, GBS, Commandeur de la Légion d'Honneur, Commandeur de l'Ordre des Arts et des Lettres, Commandeur de l'Ordre de la Couronne, Commandeur de l'Ordre de Leopold II, has informed the Company that he would resign as Independent Non-executive Director of the Company as he reduces his work responsibilities going forward; and Mr. Philip Lawrence Kadoorie will be appointed as Independent Non-executive Director of the Company. The resignation of The Hon Sir Michael David Kadoorie and the appointment of Mr. Philip Lawrence Kadoorie will both take effect on 16 December 2022. The position of Mr. William Elkin Mocatta as Alternate Director of The Hon Sir Michael David Kadoorie will also cease on the same date.

Mr. Philip Lawrence Kadoorie, aged 30, holds a Bachelor of Science Degree in Communication from Boston University and a FAA Commercial Pilot's Licence. He is a Non-executive Director of CLP Holdings Limited and The Hongkong and Shanghai Hotels, Limited (both of which are companies the securities of which are listed on The Stock Exchange of Hong Kong Limited (the "SEHK")). He is also a Director of Sir Elly Kadoorie & Sons Limited, Heliservices (Hong Kong) Limited and Metrojet Limited.

Mr. Philip Kadoorie has CLP market experience, global market experience, property industry experience, and expertise in other industries. Mr. Philip Kadoorie is the son of The Hon Sir Michael David Kadoorie.