The board of directors of Hon Corporation Limited announced that Mr. Luo Jiakun has been appointed as a non-executive Director of the Company with effect from 22 April 2020. Mr. Luo has extensive experience in project coordination and management in different industries including manufacturing, education, consulting, finance, investment, etc. Since June 2016, Mr. Luo has served as the managing director of an investment management company where he mainly provides consulting services to corporate clients on project selection and coordination, as well as merger and acquisition. Mr. Luo has signed a letter of appointment with the Company for a term of one year with effect from 22 April 2020, subject to normal retirement and re-election by shareholders of the Company pursuant to the articles and association of the Company. Mr. Luo shall hold office until the next general meeting of the Company and will be eligible for and subject to re-election at such meeting in accordance with the articles of association of the Company.