HKT Trust and HKT Limited reported that Independent Non-Executive Director Sunil Varma retired from both the Company Board and the Trustee-Manager Board at the conclusion of the annual general meeting on 21 May 2026. His departure also ends his positions as Chairman of the Audit Committee and membership on the Nomination, Remuneration and Regulatory Compliance Committees.

The Boards stated that Varma had no disagreements with management and no matters require further attention from share stapled unit holders.

Effective immediately, Independent Non-Executive Director Ng Wai Lun assumes the role of Chairman of the Audit Committee for both boards. Ng will receive an annual fee of HK$0.13 million for his duties on the Company Board; no remuneration is attached to the same role on the Trustee-Manager Board.

Additionally, Independent Non-Executive Director Frances Waikwun Wong has been appointed to the Company Board’s Nomination Committee.

As of 21 May 2026, the Boards comprise Executive Directors Li Tzar Kai, Richard (Executive Chairman) and Hui Hon Hing, Susanna (Group Managing Director); Non-Executive Directors Peter Anthony Allen, Chung Cho Yee, Mico, Tang Yongbo and Zhao Xingfu; and Independent Non-Executive Directors Chang Hsin Kang, Aman Mehta, Frances Waikwun Wong, Charlene Dawes and Ng Wai Lun.