San Miguel Brewery Hong Kong Limited announced that Mr. Kenji Uchiyama (Mr. Uchiyama) has resigned as non- executive director and nomination committee member of the Company with effect from 24 April 2023 in view of his retirement from the Kirin group. The Board also announces that Mr. Tomoki Yamauchi (Mr. Yamauchi) has resigned as non-executive director of the Company with effect from 24 April 2023 in view of his new assignment in Kirin Holdings Company, Limited which will require more of his time. Mr. Yamauchi has confirmed that there is no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of HKEx and the shareholders of the Company.

The Board is also pleased to announce that Mr. Yoshinori Tsuchiya (Mr. Tsuchiya) has been appointed as non-executive director and nomination committee member of the Company with effect from 24 April 2023. Mr. Tsuchiya, aged 55, is a Director and the Executive Vice President of San Miguel Brewery Inc. (a company listed on the Philippine Dealing & Exchange Corp.). He is also a Director of San Miguel Brewing International Limited, San Miguel Holdings (Thailand) Limited and San Miguel Beer (Thailand) Limited.

He was also the Managing Director of Kirin Europe GmbH (2018-2023); Director of New Product Development of Kirin Brewery Company, Limited (2016 ­ 2018); Manager of the New Product Development of Kirin Brewery Company, Limited and Manager of Corporate Strategy Department of Kirin Holdings Company, Limited (a company listed on the Tokyo Stock Exchange) (2012 ­ 2016); Category Manager of Marketing Department of Kirin Beverage Company, Limited (2008 ­ 2012); and Brand Manager of Marketing Department of Kirin Brewery Company, Limited (2006 ­ 2008). Mr. Tsuchiya graduated from Keio University with a Bachelor of Arts degree in Human Relations in 1992. The company announced that Mr. Yoshinori Inazumi (Mr. Inazumi) has been appointed as non-executive director of the Company with effect from 24 April 2023.

Mr. Inazumi, aged 53, is a Director and the Executive Financial Advisor of San Miguel Brewery Inc. (a company listed on the Philippine Dealing & Exchange Corp.); and Director of San Miguel Brewing International Limited and San Miguel Beer (Thailand) Limited. He is formerly the General Manager (2021-2023) and Senior Manager (2019- 2021) of Audit & Supervisory Board Members' Office, Senior Manager of Finance and Accounting Department (2016 ­ 2019), and Senior Manager of Tax Unit Group Finance (2015 ­ 2016), of Kirin Holdings Company, Limited (a company listed on the Tokyo Stock Exchange). Mr. Inazumi also held the following positions in other companies of the Kirin group: Manager of Tax Unit Group Finance (2013 ­ 2015) and Manager of Finance and Accounting Department (2011 ­ 2013) of Kirin Group Office Company, Limited; and Manager of Finance and Accounting Department of Kirin Business Expert Company, Limited (2008 ­ 2011).

Mr. Inazumi graduated from Tokyo University with a Bachelor of Arts degree in Literature in 1993.