CLP Holdings Limited announced the following: the retirement of Mrs. Zia Mody as an Independent Non-executive Director and a Member of the Human Resources & Remuneration Committee of the Company with effect from 3 May 2024; the retirement of Mr. John Andrew Harry Leigh as a Non-executive Director of the Company with effect from 31 March 2024; the appointment of Mr. Diego Alejandro González Morales as a Non-executive Director and a Member of the Finance & General Committee of the Company with effect from 1 April 2024; and Ms Christina Gaw will cease to be a Member of the Finance & General Committee as of 27 February 2024. Mrs. Zia Mody: At the conclusion of the coming 2024 Annual General Meeting ("AGM") of the Company to be held on 3 May 2024, Mrs. Zia Mody will retire as an Independent Non-executive Director and a Member of the Human Resources & Remuneration Committee of the Company. Mrs. Mody is subject to retirement by rotation at the 2024 AGM.

Mrs. Mody has informed the Company that she will not be seeking re-election at the 2024 AGM and will therefore retire at the conclusion of the 2024 AGM. Mrs. Zia Mody has served on the CLP Holdings Board since July 2015, as she is currently in her eighth year of service on the Board as an Independent Non-executive Director, she has decided not to seek re-election at the 2024 AGM and will step down from the CLP Holdings Board. Mr. J.A.H. Leigh will retire as a Non-executive Director of the Company with effect from 31 March 2024.

Mr. J.A.H. Leigh has been a Non-executive Director of the Company since February 1997 and prior to that, he was the Senior Legal Advisor and Company Secretary of the Company from March 1986 until October 1996. Mr. Leigh will be retiring from Sir Elly Kadoorie & Sons Limited, the entity which oversees a number of Kadoorie Family interests in Hong Kong and overseas, in March 2024, and he will be retiring from the CLP Holdings Board on 31 March 2024. Both Mrs. Mody and Mr. Leigh have confirmed that they have no disagreement with the Board and that they are not aware of any matter in relation to their retirement that needs to be brought to the attention of the shareholders of the Company.

Mr. Diego González Morales will be appointed as a Non-executive Director and a Member of the Finance & General Committee of the Company with effect from 1 April 2024. Mr. Diego González Morales, aged 40, holds a Bachelor of Engineering and a Master of Science from EPF Ecole d'ingénieurs in France, a Certification of International Business from Universidad Pontificia Comillas de Madrid in Spain, and an MBA from IESE Business School in Barcelona, Spain. Mr. González Morales is currently a Non-executive Director of The Hongkong and Shanghai Hotels, Limited, a company listed on The Stock Exchange of Hong Kong Limited, and a Director of Sir Elly Kadoorie & Sons Limited.

Mr. González Morales has broad, cross-functional corporate expertise spanning the financial services, healthcare, energy and entertainment industries. He was previously VP, Private Equity at CLSA Capital Partners in Hong Kong. He started his career with General Electric as a graduate of GE's Financial Management Program.

He then took on various corporate roles including internal audit and controls, investigations, compliance and M&A across GE's industrial businesses, GE Capital and NBC Universal. In accordance with the Company's Articles of Association, Mr. González Morales will stand for election by the Company's shareholders at the 2024 AGM, or at the next General Meeting if there is one to be held earlier than the 2024 AGM. The Company announced that with a view to balancing her interests in the affairs in and outside of CLP Holdings, Ms Christina Gaw will step down from the CLP Holdings Finance & General Committee and will cease to be a Member as of the date hereof.

Ms Gaw will remain as a Member of the CLP Holdings Sustainability Committee and she will continue to devote her time and attention to the matters of the CLP Holdings Board and Sustainability Committee.