The boards of directors of HK Electric Investments Manager Limited (the "Trustee-Manager", in its capacity as the trustee-manager of HK Electric Investments (the "Trust")) and HK Electric Investments Limited (the "company") (the Trust and the Company together with its subsidiaries, the "Group") announced the changes to the Boards with effect from 26 February 2019. Mr. JIANG Xiaojun has resigned as a Non-executive Director of the Boards, due to his other business commitments and Mr. DUAN Guangming has been appointed as a Non-executive Director of the Boards. Mr. Jiang has also resigned, and Mr. Duan has also been appointed, as a Director of The Hongkong Electric Company, Limited ("HK Electric"),both with effect from the aforesaid date. Mr. DUAN Guangming is the Senior Vice President of State Grid International Development Co., Limited.