The board of directors of Sands China Ltd. announced several key leadership transitions effective as of January 24, 2024. Mr. Robert Glen Goldstein (Mr. Goldstein) will relinquish his role as Chief Executive Officer. In addition, the Board announced the appointment of Mr. Chum Kwan Lock, Grant (Mr. Chum) as Chief Executive Officer.

Mr. Goldstein, aged 68, has been the Chairman of Board and Chief Executive Officer, an Executive Director and Chairman of the Nomination Committee since January 2021. Mr. Goldstein was last re-designated as an Executive Director in January 2021. Mr. Goldstein was the Acting Chairman of Board, Acting Chief Executive Officer and Acting Chairman of the Nomination Committee of the Company from January 7 to 26, 2021, Interim President from March to November 2015 and a member of the Capex Committee from March 2015 to April 2021.

Mr. Goldstein was appointed as the chairman and chief executive officer of LVS on January 26, 2021 (U.S. time) and has been a director of LVS and LVS Nevada since January 2015. He previously served as LVS' president and chief operating officer from January 2015 until January 2021, LVS' president of global gaming operations from January 2011 until December 2014, LVS' executive vice president from July 2009 until December 2014, and LVS' secretary from August 2016 to November 2016. He has held other senior executive positions at LVS and its subsidiaries since 1995.

From 1992 until joining LVS in 1995, Mr. Goldstein was the executive vice president of marketing at the Sands Hotel in Atlantic City, as well as an executive vice president of the parent Pratt Hotel Corporation. Mr. Goldstein holds a Bachelor of Arts, History and Political Science, Magna Cum Laude, from the University of Pittsburgh and a Juris Doctorate from the Temple University School of Law. In 1980, he became a member of the Pennsylvania Bar Association.

Mr. Chum, aged 48, has been Chief Operating Officer since February 21, 2020. He is an Executive Director, Chairman of the Capex Committee and a director of various subsidiaries of the Company, including VML. Since July 2022, he also concurrently serves as Executive Vice President -- Asia Operations at LVS, with oversight over LVS' operations in Asia.

He is an independent non-executive director and member of the Audit and Corporate Governance Committee at Kerry Properties Limited, listed on the Stock Exchange (Stock code: 683). Mr. Chum joined LVS and Group as Senior Vice President, Global Gaming Strategy in July 2013 and served as Chief of Staff from March 2015 until February 2020. Prior to joining the Group, Mr. Chum spent 14 years at UBS Investment Bank in a variety of roles, including serving as managing director, head of Hong Kong equity research and head of China equity research.

He was named Asia's stock-picker of the year by the Financial Times in 2011. Mr. Chum graduated in Philosophy, Politics and Economics with First Class Honors from the University of Oxford. Mr. Chum was appointed as an Executive Director on January 7, 2021 for no specific term, but is subject to retirement by rotation and re-election at the annual general meeting of the Company at least once every three years in accordance with the articles of association of the Company.