HONGKONG LAND HOLDINGS LIMITED
COMPANY BOARD AND COMMITTEE CHANGES
Hongkong Land Holdings Limited (the 'Company') is pleased to announce the following changes to the Board:
John Witt will be appointed as Chair of the Board of the Company. He will succeed Ben Keswick who will step down as Chair and Director. John will be appointed as Chair of its Remuneration and Nominations Committees while Ben will step down from the same Committees.
Christina Ong will step down from the Board.
Following these changes, the composition of the Board will be:
| John Witt | Chairman |
| Michael Smith | Executive Director |
| Craig Beattie | Executive Director |
| Lily Jencks | Non-executive Director |
| Adam Keswick | Non-executive Director |
| Stuart Grant | Independent Non-executive Director |
| Lincoln Leong | Independent Non-executive Director |
| Ming Mei | Independent Non-executive Director |
Committees
Ming Mei, who joined the Board on 10 October 2024, will be appointed to the Company's Remuneration and Nominations Committees, while Graham Baker will step down from the Remuneration Committee, and Adam Keswick will step down from the Nominations Committee.
No changes are being made to the composition of the Audit Committee.
An Investment Committee of the Board will be established to advise on material strategic decisions relating to capital expenditures, partnerships and transactions. This committee will consist of John Witt, Ming Mei and Stuart Grant.
Commenting on these changes, Ben Keswick, current Chair of the Company said:
"I would like to thank Christina Ong for the significant contribution she has made over the past six years to the Board and to the growth of the business, and wish her well for the future.
The changes we are making to the Board and its Committees are part of ongoing initiatives across the Jardines group to enhance governance, improving decision making and bringing in relevant expertise to support management as they execute their strategy and build long-term shareholder value."
All changes will be effective from 28 October 2024.
Jonathan Lloyd, Jardine Matheson Limited
For and on behalf of Hongkong Land Holdings Limited
28 October 2024
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