Orient Overseas (International) Limited annouynced that Professor Wong Yue Chim Richard retired as an Independent Non-Executive Director of the Company after the conclusion of the AGM and he did not offer himself for re-election pursuant to bye-laws Following his retirement, Professor Wong also ceased as the chairman of the Audit Committee and a member of the Remuneration Committee of the Company. The Board has accepted the recommendation of the Nomination Committee of the Company to appoint Mr. So Gregory Kam Leung ("Mr. So") as an Independent Non-Executive Director and a member of the Audit Committee of the Company with effect from 17th May 2019 after conclusion of the AGM. Mr. CHOW Philip Yiu Wah, an Independent Non-Executive Director of the Company, has been appointed as the chairman of the Audit Committee of the Company; and Mr. YANG Liang Yee Philip, an Independent Non-Executive Director of the Company, has been appointed as a member of the Remuneration Committee of the Company.