The board of directors of Emperor International Holdings Limited announced that Mr. Cheung Ping Keung, an Executive Director of the Company, will be re-designated to a Non-executive Director of the Company with effect from 1 September 2023 and will retire from his positions as a member of the Executive Committee under the Board and directors of the relevant subsidiaries of the Company at the same time due to reaching the retirement age and his personal desire to devote more time on personal affairs. As a property industry veteran with over 40 years of experience, Mr. Cheung will remain in the Board and continue to provide valuable advice to the Group in the future. Biography of Mr. Cheung: Mr. Cheung, aged 67, joined the Company in 2005 and was appointed as Executive Director of the Company in February 2007 to oversee the Group's property investment, development and management businesses.

He will become a consultant in this field from 1 September 2023. During the period from 1997 to 2005, Mr. Cheung was an executive director of Henderson Investment Limited (Stock Code: 97). He has over 40 years of experience in professional general practice surveying as well as property development and marketing in Hong Kong, Macau, Mainland China and Canada.

He graduated from University of London with a Bachelor's Degree (Hons) in Arts. He is a Chartered Valuation Surveyor and a Fellow of both the Royal Institution of Chartered Surveyors and the Hong Kong Institute of Surveyors. The term of service of Mr. Cheung is subject to retirement by rotation at the annual general meetings of the Company at least once every 3 years in accordance with the bye-laws of the Company and the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Listing Rules").

Mr. Cheung will not receive any director's fee. As at the date of this announcement, Mr. Cheung does not have any relationship with any director, senior management, substantial or controlling shareholder of the Company, nor does he have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong). Mr. Cheung did not hold any other directorship in public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last 3 years.