The board of directors of San Miguel Brewery Hong Kong Limited announced that Mr. William C. M. Cheng ("Mr. Cheng") has resigned as alternate director to Dr. David Li with effect from 1 September 2020 due to his retirement from The Bank of East Asia, Limited. The Board is also announced that Ms. Sum Li ("Ms. Li") has been appointed as alternate director to Dr. David Li, an independent non-executive director of the Company, with effect from 1 September 2020. Ms. Li, CIA, FCCA, FHKICPA, aged 49, is the Group Chief Auditor of The Bank of East Asia, Limited. She is currently serving as President of The Institute of Internal Auditors Hong Kong. Ms. Li is a fellow member of The Hong Kong Institute of Directors, The Hong Kong Institute of Certified Public Accountants and The Association of Chartered Certified Accountants, and a Certified Internal Auditor.