The Board of Shui On Land Limited announced that Dr. William K. L. FUNG has retired as an Independent Non-executive Director of the Company at conclusion of the AGM and ceased to be the Chairman of the Remuneration Committee, a member of the Finance Committee and the Investment Sub-Committee of the Company with effect from 31 May 2019. Mr. Anthony J. L. NIGHTINGALE, an Independent Non-executive Director of the company, has been appointed as the Chairman of the Remuneration Committee of the Company with effect from 31 May 2019.