3SBio Inc. — Board/Management Information 2017

Dec 29, 2017

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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HONGKONG CHINESE LIMITED 香 港 華 人 有 限 公 司 *

(Incorporated in Bermuda with limited liability)

(Stock Code: 655)

RESIGNATION AND APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND MEMBER OF BOARD COMMITTEES

Mr Cheok has tendered his resignation as an independent non-executive Director of the Company with effect from midnight on 31 December 2017 and his positions as a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Board will also terminate accordingly.

Mr Neo will be appointed as an independent non-executive Director of the Company and a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Board with effect from 1 January 2018.

Resignation of Independent Non-executive Director and member of Board Committees

The Board of Directors (the “ Board ”) of Hongkong Chinese Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) announces that Mr Albert Saychuan Cheok (“ Mr Cheok ”) has tendered his resignation as an independent non-executive Director of the Company with effect from midnight on 31 December 2017 following the expiry of his term of service on 31 December 2017 and his positions as a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Board (collectively the “ Committees ”) will also terminate accordingly. Mr Cheok has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation that need to be brought to the attention of the shareholders of the Company.

Mr Cheok has been an independent non-executive Director of the Company since January 2002 and has served the Group for over 15 years. He has provided valuable service and support to the Group during his tenure of office. The Board would like to express its sincere appreciation and gratitude to Mr Cheok for his service and valuable contribution made to the Group.

Appointment of Independent Non-executive Director and member of Board Committees

The Board is pleased to announce that Mr Edwin Neo (“ Mr Neo ”) will be appointed as an independent non-executive Director of the Company and a member of each of the Committees with effect from 1 January 2018.

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Mr Neo, aged 67, was admitted as a solicitor of the Supreme Court of Hong Kong in 1976 and of the Supreme Court of England and Wales in 1993. Mr Neo is a practising lawyer and a notary public and is presently the senior partner of Hoosenally & Neo, Solicitors & Notaries. Mr Neo holds a Bachelor of Laws degree with honours and Post-graduate Certificate in Laws from The University of Hong Kong. Mr Neo is also an independent nonexecutive director and a member of each of the Audit Committee, the Nomination Committee and the Remuneration Committee of both Lippo Limited (stock code: 226) (“ Lippo ”, an intermediate holding company of the Company) and Lippo China Resources Limited (stock code: 156) (“ LCR ”, a fellow subsidiary of the Company). Mr Neo was an independent nonexecutive director of Auric Pacific Group Limited, a subsidiary of LCR and Lippo and a company formerly listed on Singapore Exchange Securities Trading Limited. Mr Neo was an independent non-executive Director of the Company from 16 January 1995 to 10 March 1998.

Mr Neo has entered into a letter agreement with the Company for a term of two years from 1 January 2018 for his service as an independent non-executive Director which is terminable by either party by giving three months’ prior written notice or in accordance with the Bye-laws of the Company (the “ Bye-Laws ”). Mr Neo is also subject to retirement by rotation and reelection at annual general meetings of the Company in accordance with the Bye-laws. Further, Mr Neo will be entitled to fees of HK$381,600 per annum by reference to his background, experience, and offices, duties and responsibilities with the Company as well as the prevailing market conditions. The foregoing fees are subject to review by the Remuneration Committee of the Board from time to time.

Save as disclosed above, as at the date of this announcement: Mr Neo does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); Mr Neo has not held any directorship in the last three years in public companies the securities of which are listed on any securities market in Hong Kong or overseas; Mr Neo does not hold any other positions with the Company or its subsidiaries; and Mr Neo does not have any relationships with any Directors, senior management or substantial or controlling shareholders of the Company.

Save as disclosed above, there are no other matters relating to the appointment of Mr Neo which are required to be disclosed pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited as at the date of this announcement and there are no other matters in relation to Mr Neo that need to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to welcome Mr Neo for joining the Board.

By Order of the Board HONGKONG CHINESE LIMITED John Luen Wai Lee Chief Executive Officer

29 December 2017

As at the date of this announcement, the executive Directors of the Company are Dr Stephen Riady (Chairman) and Mr John Luen Wai Lee (Chief Executive Officer); the non-executive Director of the Company is Mr Leon Nim Leung Chan; and the independent non-executive Directors of the Company are Messrs Albert Saychuan Cheok, Victor Ha Kuk Yung and King Fai Tsui.

• For identification purpose only

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