Hong Kong Exchanges and Clearing Limited dated 29 September 2020 in relation to the appointment of Mr. Tai Chi Kin, Calvin ("Mr. Tai") as Interim Chief Executive of HKEX to succeed Mr. Li Xiaojia, Charles ("Mr. Li") effective 1 January 2021. Mr. Li retired from his role as the Chief Executive of HKEX and ceased to be an ex-officio member of the Board of HKEX ("Board") on 31 December 2020. Mr. Li has confirmed that he has no disagreement with the Board and that he is not aware of any matters relating to his retirement that need to be brought to the attention of HKEX's shareholders. Effective 1 January 2021, Mr. Tai has been appointed as Interim Chief Executive of HKEX and an ex-officio member of the Board, while continuing his role as Co-President and Chief Operating Officer of HKEX.