To:	All Finance/Business/Travel Editors

Hong Kong - The Hongkong and Shanghai Hotels, Limited is pleased to announce the appointment of Shirley Lam as Group Director, Properties, with effect from 1 March 2022.

Ms Lam will oversee the operations of The Repulse Bay, The Peak Complex and The Landmark in Vietnam and other commercial property assets including 21 Avenue Kleber in Paris. She will also be responsible for the strategic development of the group's property division. Ms Lam has been appointed to the HSH Group Management Board.

Ms Lam holds a Master of Science - Facility Management from The Hong Kong Polytechnic University and a Bachelor's Degree in Economics and Finance from The University of Hong Kong. She joined Hongkong Land in 2002 in Hong Kong, and was later assigned to Hanoi, Vietnam in 2007 as General Director of Hongkong Land, Vietnam, overseeing the two joint ventures. She then moved to Macau in 2010 as General Manager to launch One Central Macau, a joint venture project with Shun Tak Holdings. She was General Manager, Commercial Property, China from 2012-2022 and was responsible for the project development, construction and development of a commercial mixed-use development, Wangfu Central in Beijing, where the Mandarin Oriental Beijing is located.

Ms Lam is the successor of the current Group Director, Properties, Mr Martyn Sawyer who will retire in June 2022 after 37 years with the group. A separate announcement about Martyn's retirement will be issued in due course.

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About The Hongkong and Shanghai Hotels, Limited (HSH)

Incorporated in 1866 and listed on the Hong Kong Stock Exchange (00045), The Hongkong and Shanghai Hotels, Limited is the holding company of a Group which is engaged in the ownership, development, and management of prestigious hotels and commercial and residential properties in key locations in Asia, the United States and Europe, as well as the provision of tourism and leisure, club management and other services. The Peninsula Hotels portfolio comprises The Peninsula Hong Kong, The Peninsula Shanghai, The Peninsula Beijing, The Peninsula Tokyo, The Peninsula New York, The Peninsula Chicago, The Peninsula Beverly Hills, The Peninsula Paris, The Peninsula Bangkok and The Peninsula Manila. Projects under development include The Peninsula London and The Peninsula Istanbul. The property portfolio of the Group includes The Repulse Bay Complex, The Peak Tower and St. John's Building in Hong Kong; The Landmark in Ho Chi Minh City, Vietnam and 21 avenue Kleber in Paris, France. The clubs and services portfolio of the Group includes The Peak Tram in Hong Kong; Quail Lodge & Golf Club in Carmel, California; Peninsula Clubs and Consultancy Services, Peninsula Merchandising, and Tai Pan Laundry in Hong Kong.

For further information on this release, please contact:

Lynne Mulholland

General Manager, Group Corporate Affairs

Tel: +852 2840 7152

Email : lynnemulholland@peninsula.com

Lilian Lau

Senior Manager, Corporate Affairs

Tel: +852 2840 7743

Email : lilianlau@peninsula.com

Websites: www.hshgroup.com www.peninsula.com

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