The board of directors of Guotai Junan International Holdings Limited announced that Professor CHAN Ka Keung Ceajer has been appointed as an independent non-executive director of the company with effect from 22 August 2018. Professor CHAN has entered into an appointment letter with the company for a term of three years commencing on 22 August 2018, subject to retirement and re-election provision in the Company's articles of association pursuant to which he shall retire from office at the next annual general meeting of the Company following his appointment and shall then be eligible for re-election. Professor CHAN Ka Keung Ceajer, GBS, SBS, JP, is an adjunct professor and the senior advisor to the Dean of the Business School of the Hong Kong University of Science and Technology ("HKUST"). He was appointed as the Secretary for Financial Services and the Treasury of the Government of the Hong Kong Special Administrative Region from July 2007 to June 2017. Prior to that, he was the Dean of the HKUST Business School. Before joining the HKUST in 1993, Professor CHAN taught for nine years at the Ohio State University in the United States. Professor CHAN was a non-executive director of MTR Corporation Limited from July 2007 to July 2017. He is currently an independent non-executive director of Langham Hospitality Investments and Langham Hospitality Investments Limited, a non-executive director of The Hong Kong Mortgage Corporation Limited and a member of the Competition Commission of Hong Kong.