SOHO China Limited's Board hereby announces that with effect from 17 August 2018: Ms. Tong Ching Mau (Ms. Tong) has resigned as an executive Director and the chief financial officer of the company in order to pursue other commitments; and Mr. Cha Mou Zing, Victor (Mr. Cha) has resigned as an independent non-executive director in order to pursue other commitments. Mr. Huang Jingsheng (Mr. Huang) has been appointed as an independent non-executive Director and a member of each of the Audit Committee, the remuneration committee and the nomination committee of the company all with effect from 1 August 2018. Following the resignation of Mr. Cha, he also ceased to be the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee with effect from 17 August 2018.

The Board announced that Mr. Huang has been re-designated from a member of the Remuneration Committee to the chairman of the Remuneration Committee in place of Mr. Cha with effect from 17 August 2018.