The Board of Directors of Television Broadcasts Limited announced the retirement of Mr. Mark Lee Po On, JP as Vice Chairman, Group Chief Executive Officer and Executive Director of the Company, with effect from 27 May 2021 due to his desire to retire at the age of 65 and devote more time to his personal endeavours. Mr. Lee will, in addition, resign as the chairman of the Executive Committee, member of the Risk Committee, the Investment Committee and the Regulatory Committee and as director of other subsidiaries of the Company on the same day.