The board of directors of Television Broadcasts Limited announced the following appointments and re-designation of Director, with effect from 29 April 2020: Mr. Hui, Executive Director, has been appointed as Chairman and re-designated as Non-executive Director of the Company. Mr. Hui continues to serve as members of the Executive Committee, the Nomination Committee and the Investment Committee of the Board. Mr. Hui was appointed as Non-Executive Director on 23 April 2015 and was re-designated as Executive Director on 21 March 2018. Mr. Hui is the chief operating officer and an executive director of CMC Inc. Mr. Hui is also a director of Young Lion Holdings Limited ("YLH"), Young Lion Acquisition Co. Limited ("YLA") and Shaw Brothers Limited ("SBL"). Mr. Lee, Executive Director and Group Chief Executive Officer, has been appointed as Vice Chairman of the Company. Mr. Lee continues to be the chairman of the Executive Committee, members of the Risk Committee and the Investment Committee of the Board. Mr. Li, Vice Chairman and Non-executive Director, has ceased to be Vice Chairman but remains as Non-executive Director of the Company. Mr. Li continues to serve as members of the Executive Committee and the Remuneration Committee of the Board.