Haitong International Securities Group Limited announced that, Mr. TSUI Hing Chuen William, Mr. LAU Wai Piu and Mr. WEI Kuo-chiang, who were subject to retirement by rotation, decided not to offer themselves for re-election at AGM and ceased to be Independent Non-executive Directors of the Company. Upon their retirement, Mr. TSUI Hing Chuen William ceased to act as the chairman of the Remuneration Committee and a member of the Audit Committee and Nomination Committee of the Company, Mr. LAU Wai Piu ceased to act as a member of Audit Committee, Nomination Committee, Remuneration Committee and Risk Committee of the Company, and Mr. WEI Kuo-chiang ceased to act as a member of Remuneration Committee and Risk Committee of the Company with effect from the conclusion of the AGM held on 28 May 2021; Mr. William CHAN has resigned as a Non-executive Director of the Company and has ceased to act as the chairman of the Risk Committee and a member of the Strategic Development Committee of the Company with effect from 28 May 2021; Mr. LIU Swee Long Michael has been appointed as an Independent Non-executive Director of the Company, the chairman of the Remuneration Committee and a member of Nomination Committee and Risk Committee of the Company with effect from 28 May 2021; Mr. ZHANG Huaqiao has been appointed as an Independent Non-executive Director of the Company, the chairman of the Risk Committee and a member of the Audit Committee and Remuneration Committee of the Company with effect from 28 May 2021; Mr. CHENG Chi Ming Brian, a Non-executive Director of the Company, has ceased to act as a member of the Remuneration Committee of the Company with effect from 28 May 2021; and Mr. WAN Kam To, an Independent Non-executive Director of the Company, has been appointed as a member of the Risk Committee of the Company with effect from 28 May 2021.