The board of directors of SJM Holdings Limited announced that: Mr. Ng Chi Sing ceased to act as a Non-executive Director of the Company upon his retirement from the Board at the conclusion of the annual general meeting of the Company held on 15 June 2022 as Mr. Ng did not seek for re-election; and Mr. Chau Tak Hay ceased to act as an Independent Non-executive Director of the Company upon his retirement from the Board at the conclusion of the 2022 AGM as Mr. Chau did not seek for re-election. The Board of the Company announced that Mr. Ho Hau Chong, Norman has been elected as an Independent Non-executive Director of the Company at the 2022 AGM with effect from 15 June 2022 upon conclusion of the 2022 AGM. Mr. Ho Hau Chong, Norman, aged 66, has extensive skills, knowledge and professional experience in accounting and finance, mergers and acquisitions, risk management, strategic planning and various business sectors, including property development and investment, hotel management and transportation services.

Mr. Ho is an executive director of Honorway Investments Limited and Tak Hung (Holding) Company, Limited and has over 30 years of experience in management and property development. Mr. Ho is currently an executive director of Miramar Hotel and Investment Company, Limited and Vision Values Holdings Limited. He is also an independent non-executive director of Shun Tak Holdings Limited, Hong Kong Ferry (Holdings) Company Limited and Lee Hing Development Limited, which are all listed on the Main Board of The Stock Exchange of Hong Kong Limited.

Mr. Ho graduated from the University of Exeter in the United Kingdom with a Bachelors of Arts degree in 1976. He has also obtained professional qualification in accounting. Mr. Ho is currently a member of the Institute of Chartered Accountants in England and Wales and a fellow member of the Hong Kong Institute of Chartered Public Accountants.

The board announced that Mr. Chau, upon retirement as an Independent Non-executive Director of the Company at the conclusion of the 2022 AGM, ceased to act as a member of the Audit Committee and the Nomination Committee as well as the Chairman of the Remuneration Committee of the Board of the Company; Mr. Ho has been appointed as a member of the Audit Committee, the Nomination Committee and the Remuneration Committee of the Board of the Company with effect from 15 June 2022 upon conclusion of the 2022 AGM; Ms. Wong Yu Pok, Marina has been re-designated from a member to the Chairman of the Remuneration Committee of the Board of the Company with effect from 15 June 2022 upon conclusion of the 2022 AGM; Deputada Leong On Kei, Angela ceased to act as a member of the Nomination Committee of the Board of the Company with effect from 15 June 2022 upon conclusion of the 2022 AGM; and Mr. Fok Tsun Ting, Timothy has been appointed as a member of the Nomination Committee of the Board of the Company with effect from 15 June 2022 upon conclusion of the 2022 AGM.