The board of directors of Great Eagle Holdings Limited announced that Mr. Ho Shut Kan has been appointed as an Independent Non-executive Director of the Company and a member of each of the Audit Committee, Remuneration Committee and Nomination Committee of the Board with effect from 28 December 2022. Set out below are the personal details of Mr. Ho: Mr. Ho, aged 74, has over 40 years of experience in the property operations and real estate sector including leasing and managing residential, commercial and investment properties. Mr. Ho was Executive Director and Chief Executive Officer of Kerry Properties Limited (listed in Hong Kong) before his retirement in 2018.

Mr. Ho currently is the Senior Advisor of Kerry Properties Limited. Mr. Ho holds a Master of Business Administration Degree from the University of East Asia. During the past three years, Mr. Ho was an Independent Non-Executive Director of Eagle Asset Management (CP) Limited, Champion Real Estate Investment Trust, of which the Company has an approximately 68.28% interests.

Mr. Ho did not have any executive role in the REIT Manager and does not have any interest in Champion REIT. Save as disclosed above, Mr. Ho did not hold any directorship in other listed public companies in the three years preceding the date of this announcement or any position with the Company or other members of the Group.