Kerry Logistics Network Limited announced the retirement of Mr. MA Wing Kai William ("Mr Ma") as an Executive Director and the Group Managing Director of the Company with effect from the conclusion of the annual general meeting of the Company held on 22 May 2023 and 1 October 2023 respectively. Mr. Ma has been appointed as the Chief Advisor of the Company from 1 October 2023 for a period of eighteen (18) months, upon such terms as set out in the letter of engagement between Mr. Ma and the Company.