Reference is made to the announcement of Hong Kong Exchanges and Clearing Limited dated 15 December 2023 in relation to Mr. Aguzin not seeking reappointment as HKEX Chief Executive at the end of his current contract in May 2024. Mr. Aguzin has subsequently informed the Board of Directors of HKEX that, as the transition has been proceeding smoothly and effectively, he believes it would be in the interest of HKEX to accelerate the change in leadership; and has accordingly agreed with the Board to remain as the Chief Executive of HKEX and an ex-officio member of the Board until 29 February 2024. Mr. Aguzin has subsequently informed the Board of Directors of HKEX (the "Board") that, as the transition has been proceeding smoothly and effectively, he believes it would be in the interest of HKEX to accelerate the change in leadership; and has accordingly agreed with the Board to remain as the Chief Executive of HKEX and an ex-officio member of the Board until 29 February 2024.

In view of Mr. Aguzin's decision to accelerate the Change in Executive Office, the Board is pleased to confirm the appointment of Ms Chan Yiting, Bonnie as Chief Executive of HKEX, effective 1 March 2024, for a term of three years until 28 February 2027. Ms Chan will also become an ex-officio member of the Board effective 1 March 2024. Pursuant to Section 70 of the Securities and Futures Ordinance (SFO), the appointment of Ms Chan as the Chief Executive of HKEX has been approved by the Securities and Futures Commission (SFC).