The board of directors of Henderson Land Development Company Limited announced the following: (i) Mr. Lau Yum Chuen, Eddie ("Mr Lau"), Executive Director of the Company, did not offer himself for re-election at the forthcoming annual general meeting of the Company to be held on 8 June 2020 ("AGM") upon retirement by rotation in accordance with the Articles of Association of the Company. Accordingly, his directorship with the Company will cease at the conclusion of the AGM. Mr. Lau would like to focus on his executive role in the Finance Department of the Company; and (ii) Mr. Fung Hau Chung, Andrew ("Mr Fung"), currently the Chief Financial Officer of the Company, has been appointed as an Executive Director of the Company with effect from the conclusion of the AGM. FUNG Hau Chung, Andrew, BBS, JP, BA, aged 62, has been the Chief Financial Officer of the Company since 1 August 2017. Mr. Fung served as an executive director and the Head of Global Banking and Markets of Hang Seng Bank Limited, before he stepped down from such positions in July 2017.