Hang Lung Properties (00101) announced that Mr. Yuen Wai Leung will retire and will not stand for re-election at the company's Annual General Meeting scheduled for April 30, 2026. Consequently, he will step down from his roles as Independent Non-Effective Director, as well as member and Chairman of the Nomination and Remuneration Committee, following the conclusion of the AGM. Effective immediately after the AGM: Mr. Yuen Wai Leung ceases to be a member and Chairman of the Nomination and Remuneration Committee; Mr. Adrian Chan, the company's Chairman and Executive Director, has been appointed as a member of the Nomination and Remuneration Committee; Ms. Fanny Fung, an Independent Non-Executive Director and existing member of the Nomination and Remuneration Committee, has been appointed as the Chairman of the Nomination and Remuneration Committee.