The boards of directors of HK Electric Investments Manager Limited (Trustee-Manager, in its capacity as the trustee-manager of HK Electric Investments (Trust)) and HK Electric Investments Limited (Company) (the Trust and the Company together with its subsidiaries, the "Group") announced that with effect from the conclusion of the 2022 annual general meeting of the Trust and the Company to be held on 18 May 2022: Mr. Ralph Raymond SHEA (Mr. Shea) will retire from his position as an Independent Non-executive Director of the Boards, and will concurrently cease to be a member of the Nomination Committee of the Company.