Jardine Matheson Holdings Limited announced the following changes to the Board: Keyu Jinwill join the Board of the Company as an Independent Non-Executive Director with effect from 31st January 2024. Anthony Nightingale will step down from the Board and Audit Committee of the Company with effect from 31st January 2024. YK Pangand David Hsu will step down from the Board of the Company with effect from 31st March 2024.

The board brings a diverse and broad range of expertise and perspectives. Keyu's appointment will further enhance the collective experience of its Board and will also increase its independence and diversity. Keyu Jin is a tenured professor of Economics at the London School of Economics and Political Science, where she researches globalisation and the Chinese economy.

She is from Beijing, China, and holds a B.A., M.A. and PhD from Harvard University. Keyu is an independent non-executive director of Compagnie Financière Richemont SA, the second-largest luxury conglomerate, AInnovation, an AI+ manufacturing solution provider and of Stanhope Capital, one of the world's largest independent wealth management and advisory firms. Keyu is amember of China Finance 40 and a member of the economic council for the state of Qatar. She has previously advised and consulted for the World Bank, the IMF and the New York Fed.

Anthony Nightingale joined the Jardines Group in 1969 and was appointed as a Director of the Company in 1994. He was Managing Director from 2006 until he retired from executive office in 2012.Anthony is also a director of DFI Retail Group Holdings Limited ('DFI') and Hongkong Land Holdings Limited ('HKLH'), and he will step down from these boards and from his position as Chairman and member of the DFI Audit Committeeon 31st January 2024. YK Pang joined the Board in 2011 and was appointed Deputy Managing Director in 2016 and Chairman of Hong Kong in 2019.

He has held a number of senior executive positions across the Group, which he joined in 1984, including chief executive of Hongkong Land between 2007 and 2016. YK was a director of DFI from 2016 to 2021. He is also currently a director of HKLH and Mandarin Oriental International Limited and a member of their Audit Committees, as well as chairman of Jardine Pacific, Gammon, Hong Kong Air Cargo Terminals and Zung Fu.

He will be a senior advisor to the Board and remain as Chairman of Hong Kong, while stepping down from all the other positions when he retires from executive office on 31st March 2024. David Hsu joined the Group in 2011 and was appointed to the Board in 2016. He was chairman of Jardine Matheson (China) until his retirement from executive office in August 2022, with responsibility for supporting the Group's business developments on the Chinese mainland and in Taiwan and Macau.

David will step down from the Board on 31st March 2024.