The board of directors of Television Broadcasts Limited announced the re-designation of Mr. Thomas Hui To from Chairman and Non-executive Director to Executive Chairman of the Company, with effect from 10 March 2023. Mr. Hui will continue to serve as the chairman of the Executive Committee, the chairman of the Nomination Committee and a member of the Investment Committee of the Company. As Executive Chairman, Mr. Hui will be responsible for leading and overseeing the management and development of the Company.

Mr. Hui, aged 50, was appointed as the Chairman and a Non-executive Director of the Company on 29 April 2020. Mr. Hui was first appointed as a Non-executive Director of the Company on 23 April 2015, re-designated as an Executive Director of the Company on 21 March 2018 and further re-designated as a Non-executive Director of the Company on 29 April 2020. In addition, he holds directorship in a subsidiary of the Company.

Mr. Hui possesses over 25 years of experience in management and investment with broad experience and deep expertise in managing media, entertainment and internet businesses. Mr. Hui was formerly directors of KingSoft Corporation Limited, GigaMedia Limited and JC Entertainment Corporation. Mr. Hui also worked at Goldman Sachs (Asia) L.L.C., Hong Kong, Merrill Lynch & Co.

as well as McKinsey & Company. Mr. Hui is the chief operating officer and an executive director of CMC Inc. Mr. Hui is also a director of Young Lion Holdings Limited, Young Lion Acquisition Co. Limited and Shaw Brothers Limited, which are substantial shareholders of the Company.

Save as disclosed above, he does not have any other relationship with any Directors, senior management, or substantial or controlling shareholders of the Company. Mr. Hui is also a non-executive director of Shaw Brothers Holdings Limited, a company listed on the main board of The Stock Exchange of Hong Kong Limited.