Hang Lung Properties Limited (the “Company”) announced that Xiao Bin Wang, aged 58, will join the Board as an Independent Non-Executive Director (INED) on 11 June 2026.

Wang brings more than 35 years of audit, corporate finance and risk-management experience. Her credentials include a Graduate Diploma in Applied Finance and Investment from the Securities Institute of Australia and a Bachelor of Commerce from Murdoch University. She is a Chartered Accountant and a member of CPA Australia.

Current external roles encompass INED positions at Cathay Pacific Airways (Audit Committee Chair and Board Risk Committee member) and Transport International Holdings (Audit & Risk Management Committee and Nomination Committee member). She also serves on the board of China Southern Power Grid International (HK) Co., Limited, chairing its Audit & Risk Committee. Previous listed-company directorships include Hang Seng Bank and Worley Limited.

Wang spent two decades at China Resources Power Holdings, ultimately holding the posts of Chief Financial Officer, Senior Vice President and Executive Director. Earlier in her career, she was an executive director in corporate finance at ING Barings and began in audit at Price Waterhouse in Australia.

The appointment carries an annual director’s fee of HK$777,000, aligned with the Company’s 2025 fee structure and subject to periodic Board review. For 2026, Wang will receive the fee on a pro-rata basis.

The new INED holds no shares or other interests in Hang Lung Properties or its associated corporations, has no relationships with existing directors, senior management or major shareholders, and meets all independence criteria under Rule 3.13 of the Hong Kong Listing Rules.

Following this appointment, the Board comprises Executive Directors Adriel Chan, Weber W.P. Lo and Kenneth K.K. Chiu; Non-executive Director Andrew Weir; and Independent Non-Executive Directors Philip N.L. Chen, Andrew K.C. Chan, Anita Y.M. Fung, Holly T.F. Li and Xiao Bin Wang.