The board of directors of SCMP Group Limited announced that Mr. Ronald J. Arculli, an independent non-executive director of the company, has not sought re-election at the annual general meeting of the company held on 3 June 2014 due to recent increased demand on his time and has retired as a director of the company and ceased to be a member and the Chairman of the Nomination Committee as well as a member of the Audit Committee and the Remuneration Committee with effect from the conclusion of the 2014 AGM. Following the retirement of Mr. Arculli and with effect from the conclusion of the 2014 AGM, the Board announces that: Dr. Fred Hu Zu Liu has been appointed as the Chairman of the Nomination Committee. Dr. David J. Pang has been appointed as a member of the Audit Committee.