HKT Trust and HKT Limited announced that Mr. Alexander Anthony Arena, the Group Managing Director and Executive Director of HKT Limited and HKT Management Limited, has informed the Company and the Trustee-Manager that he will retire as Group Managing Director and Executive Director of the Company and the Trustee-Manager with effect from the end of August 31, 2018. Mr. Arena will also retire as a member of the Company's Executive Committee, Operational Committee and Finance and Management Committee with effect from the same date. Upon the retirement of Mr. Arena, the Boards announced that Ms. Hui Hon Hing, Susanna ("Ms. Hui"), currently the Group Chief Financial Officer and Executive Director of the Company and the Trustee-Manager, will be appointed as Group Managing Director of the Company and the Trustee-Manager with effect from September 1, 2018.

Ms. Hui has been Group Chief Financial Officer and an Executive Director of the Company and the Trustee-Manager since the listing of the Group in November 2011. She is a member of the Company's Executive Committee, Operational Committee and Finance and Management Committee and holds directorships in various Group companies. Ms. Hui's primary responsibility has been overseeing the financial matters of the Group.

On September 1, 2018, upon her appointment as the new Group Managing Director of HKT and the Trustee-Manager, Ms. Hui will step down from her existing role as Group Chief Financial Officer of HKT and the Trustee-Manager, in order to focus on her new broader responsibilities as Group Managing Director of HKT and the Trustee-Manager. Mr. Wong Hong Kit ("Mr. Evan Wong") will be appointed as Chief Financial Officer of HKT and the Trustee-Manager on September 1, 2018 to lead the HKT Group Finance function and assume the responsibilities in relation to HKT Group Finance previously undertaken by Ms. Hui. Mr. Evan Wong, has over 24 years of experience in the field of auditing, accounting and financial management.

He joined the Group as Senior Vice President of Group Finance in 2011, and is currently the Director of Group Finance of HKT. With effect from the end of August 31, 2018, Mr. Arena will retire as a member of the Company's Executive Committee, Operational Committee and Finance and Management Committee. Ms. Hui will continue to serve on the Company's Executive Committee, Operational Committee and Finance and Management Committee and will assume the Chair of the Operational Committee and the Finance and Management Committee, in respect of which Mr. Arena currently serves as Chairman.