The Wharf (Holdings) Limited (the "Company") announced that Ms. Doreen Yuk Fong Lee has retired from the board of Directors of the company (the "Board") at the conclusion of the Annual General Meeting of the company held on May 11, 2021 and did not stand for re-election. Ms. Lee has confirmed that she has no disagreement with the Board and there is no matter that needs to be brought to the attention of the shareholders of the company in respect of her retirement. The Board would like to express its sincere gratitude to Ms. Lee for her commendable contribution to the Group.