CLP Holdings Limited announced that Mr. Geert Herman August Peeters will step down as an Executive Director of the company and a Member of the Finance & General Committee with effect from July 31, 2021. He has been an Executive Director of the Company since January 1, 2016. Mr. Peeters is retiring from the company's Board of Directors and the role of Group Director & Chief Strategy & Transformation Officer for health reasons. His retirement from the company and as Senior Management will take effect on August 31, 2021. A process is underway for a replacement for Mr. Peeters' executive duties.