The board of directors of PCCW Limited announces that Mr. Tang Yongbo ("Mr Tang") has been appointed as a Non-Executive Director of the Company, the Deputy Chairman of the Board and a member of the Executive Committee of the Board with effect from 3 August 2023. Mr. Tang, aged 49, is a vice general manager of China United Network Communications Group Company Limited, a senior vice president of China United Network Communications Limited, a senior vice president of China Unicom (Hong Kong) Limited, and a director and a senior vice president of China United Network Communications Corporation Limited. Mr. Tang also serves as a non-executive director of China Tower Corporation Limited and China Communications Services Corporation Limited. Mr. Tang has been appointed as a Non-Executive Director of HKT Limited and HKT Management Limited (the trustee-manager of the HKT Trust), and a member of each of the Executive Committee, Nomination Committee and Remuneration Committee of the board of directors of HKT Limited with effect from 2 August 2023. Mr. Tang previously served as a deputy general manager and a general manager of Hunan Branch of China Unicom, and a general manager of marketing department of China United Network
Communications Group Company Limited. He was a deputy to the 13th National People's Congress. Mr. Tang received a master's degree in Business Administration from Central South University. Mr. Tang has extensive experience in management and the telecommunications industry. Pursuant to his letter of appointment as a Non-Executive Director of the Company, Mr. Tang is appointed for a term of three years subject to retirement by rotation at least once every three years and re-election at the annual general meetings of the Company pursuant to the articles of association of the Company. He is entitled to an annual fee of HKD 248,800 to act as a Non-Executive Director of the Company, which is determined with reference to his responsibilities with the Company and the Company's remuneration policy.