BOC Hong Kong (Holdings) Limited announced that the board announced that with effect from 23 December 2020, Mr. SUN Yu has been re-designated from Non-executive Director to Executive Director, appointed as Vice Chairman each of the Strategy and Budget Committee as well as the Sustainability Committee and ceased to be a member of the Risk Committee of the Company and the Bank. Immediately following the aforesaid changes, Mr. SUN Yu has been appointed as a member of each of the Strategy and Budget Committee as well as the Sustainability Committee and ceased to be a member of the Risk Committee of the Company and the Bank with effect from 23 December 2020. Prior to the re-designation, Mr. SUN was a Non-executive Director and a member of the Risk Committee of the Company and the Bank from March 2020 to December 2020. He has served as the Executive Vice President of Bank of China Limited from February 2019 to December 2020.