The board of directors of Hanison Construction Holdings Limited announced that Dr. Sun Tai Lun will retire as an independent non-executive director of the Company with effect from 14 November 2023 at the end of his existing term of appointment. Upon his retirement, Dr. Sun will cease to be the chairman of the Remuneration Committee and a member of the Audit Committee and the Nomination Committee of the Company. Dr. Sun has been an INED of the Company since November 2001.

Changes in Composition of Board Committees: The Board further announces that Mr. Chan Pak Joe, an INED of the Company, will be appointed as the chairman of the Remuneration Committee of the Company, and Dr. Chan Fan Cheong, Tony, an INED of the Company, will be appointed as a member of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company, following the retirement of Dr. Sun, with effect from 14 November 2023.