The Hongkong and Shanghai Hotels announces Philip Kadoorie to be appointed as Deputy Chairman

To: All Finance/Business/Travel Editors

Hong Kong, 24 October 2024 - The Hongkong and Shanghai Hotels, Limited (HSH) is pleased to announce that Mr Philip Lawrence Kadoorie, Non-Executive Director of the Company, will be appointed as the Deputy Chairman of the Board to succeed Mr Andrew Clifford Winawer Brandler with effect from 1 January 2025. Mr Kadoorie will also be appointed as a member of the Executive Committee with effect from 1 January 2025.

Mr Andrew Brandler, Non-Executive Deputy Chairman of the Company, will resign as the Deputy Chairman of the Board with effect from 31 December 2024. Mr Brandler will remain a Non-Executive Director, the Chairman of the Finance Committee and a member of the Audit Committee, Remuneration Committee and Executive Committee. There are no changes in the terms of appointment of Mr Brandler as a Non-Executive Director following Mr Brandler’s resignation as the Deputy Chairman of the Board.

Mr Philip Kadoorie was appointed to the HSH Board in December 2017. He oversees a number of Kadoorie family interests in Hong Kong and overseas. He is a Non-Executive Director and a Member of the Sustainability Committee of CLP Holdings Limited; an Independent Non-Executive Director of CK Hutchison Holdings Limited, and a Director of Sir Elly Kadoorie & Sons Limited. Mr Kadoorie has achieved a BSc in Communication from Boston University and holds an FAA commercial pilot’s license. He is the son of HSH Chairman, The Hon. Sir Michael Kadoorie, and is 32 years old.

Mr Kadoorie said, “Stepping into the role of Deputy Chairman at a company with such a rich heritage, and in which my family have been involved for four generations, is both an honour and a responsibility. I am deeply grateful to my father for his continued guidance and support, and the invaluable support of the HSH Board and management team.”

The Board would like to take this opportunity to express its sincere gratitude to Mr Brandler for his contribution to the Company as the Deputy Chairman of the Board and warmly welcome Mr Kadoorie to his new position in the Company.

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About The Hongkong and Shanghai Hotels, Limited (00045)

Incorporated in 1866 and listed on the Hong Kong Stock Exchange, The Hongkong and Shanghai Hotels, Limited is the holding company of a Group which is engaged in the ownership, development, and management of prestigious hotels and commercial and residential properties in key locations in Asia, the United States and Europe, as well as the provision of tourism and leisure, club management and other services. The Peninsula Hotels portfolio comprises The Peninsula Hong Kong, The Peninsula Shanghai, The Peninsula Beijing, The Peninsula Tokyo, The Peninsula New York, The Peninsula Chicago, The Peninsula Beverly Hills, The Peninsula London, The Peninsula Paris, The Peninsula Istanbul, The Peninsula Bangkok and The Peninsula Manila. The property portfolio of the Group includes The Repulse Bay Complex, The Peak Tower and St. John’s Building in Hong Kong; The Landmark in Ho Chi Minh City, Vietnam and 21 avenue Kléber in Paris, France. The clubs and services portfolio of the Group includes The Peak Tram in Hong Kong; The Quail in Carmel, California; Peninsula Clubs and Consultancy Services, Peninsula Merchandising, and Tai Pan Laundry in Hong Kong.

For further information on this release, please contact:

Websites: www.hshgroup.com www.peninsula.com