The Hongkong and Shanghai Hotels, Limited announces that Mr. Christopher Shih Ming Ip ("Mr Ip") has resigned as Chief Financial Officer of the Company as he has decided to pursue other business interests. Mr. Ip has given his notice to resign and it has been agreed with the Company that he would step down from his positions as Chief Financial Officer from 31 March 2023. However, Mr. Ip will remain employed until 31 July 2023.