Sands China Ltd. — Board/Management Information 2021

Mar 16, 2021

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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Asia Pacific Silk Road Investment Company Limited 亞太絲路投資有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 767)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND

CHANGES IN MEMBERS OF BOARD COMMITTEES

The Board announces that with effect from 16 March 2021:

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS

Ms. HO Man Wai and Ms. WANG Weixia have been appointed as independent non-executive Directors.

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

Mr. CHAN Wai Dune has resigned as an independent non-executive Director due to the pursuit of personal and other business commitments.

CHANGES IN MEMBERS OF BOARD COMMITTEES

• (i) Mr. CHAN Wai Dune ceased to act as the chairman of each of the audit committee and the remuneration committee and a member of the nomination committee of the Board;

• (ii) Ms. HO Man Wai has been appointed as the chairman of the audit committee and a member of each of the remuneration committee and the nomination committee of the Board; and

• (iii) Ms. WANG Weixia has been appointed as the chairman of the remuneration committee and a member of each of the audit committee and the nomination committee of the Board.

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APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS

The board (the ‘‘Board’’) of directors (the ‘‘Director(s)’’) of Asia Pacific Silk Road Investment Company Limited (the ‘‘Company’’, together with its subsidiaries, the ‘‘Group’’) is pleased to announce that with effect from 16 March 2021, Ms. HO Man Wai (‘‘Ms. Ho’’) and Ms. WANG Weixia (‘‘Ms. Wang’’) have been appointed as independent non-executive Directors.

Ms. Ho, aged 33, graduated from The Hong Kong Polytechnic University in 2010 with a bachelor’s degree in business administration in accountancy, and is a Certified Public Accountant of the Hong Kong Institute of Certified Public Accountants. Ms. Ho is currently a senior manager of Nortex (HK) CPA Limited, and was previously the financial controller of a listed company in Hong Kong.

As at the date of this announcement, Ms. Ho has confirmed that she (i) does not have any relationship with any Director, senior management, or substantial or controlling shareholder (as defined in the Listing Rules) of the Company; (ii) does not have, and is not deemed to have, any interest 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); (iii) does not hold any other directorship in the last three years in public companies, the securities of which are listed on any securities market in Hong Kong or overseas; and (iv) does not hold any other positions in the Group.

Ms. Ho has entered into an appointment letter with the Company with an initial term of two years. Ms. Ho is subject to retirement by rotation and re-election (if applicable) at the annual general meeting at least once every three years in accordance with the bye-laws of the Company and the Corporate Governance Code set out in Appendix 14 to the Listing Rules. She is entitled to receive a director’s fee of HK$20,000 per month, which is determined by the remuneration committee of the Company and the Board, and is subject to annual review with reference to the prevailing market conditions, her duties and responsibilities and the time she spent on the affairs of the Company.

Ms. Wang, aged 39, graduated from Qingdao Agricultural University with a degree in accounting in 2004 and joined the legal profession in 2006. She is a partner of Guangdong Zhuojian Law Firm since 2013. She is an independent director of Guizhou Dongfeng Antimony Industry Co., Ltd. (貴州東峰銻業股份有限公司) since 2015, an independent director of Shenzhen L&A Design Co., Ltd. (深圳奧雅設計股份有限公司), a company listed on ChiNext Market of Shenzhen Stock Exchange (stock code: 300949) since January 2016 and was an independent director of Guangzhou Anbiping Pharmaceutical Technology Co., Ltd. (廣州安必平醫藥科技股份有限公司), a company listed on the Sci-Tech innovation board of Shanghai Stock Exchange (stock code: 688393) from 2015 to 2020. Ms. Wang has been engaged in corporate counseling, corporate governance, private equity investment funds, corporate investment and financing, mergers and acquisitions and other legal practices for many years with extensive experience in non-litigation and litigation legal practices.

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As at the date of this announcement, Ms. Wang has confirmed that she (i) does not have any relationship with any Director, senior management, or substantial or controlling shareholder (as defined in the Listing Rules) of the Company; (ii) does not have, and is not deemed to have, any interest 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); (iii) save for disclosed above, does not hold any other directorship in the last three years in public companies, the securities of which are listed on any securities market in Hong Kong or overseas; and (iv) does not hold any other positions in the Group.

Ms. Wang has entered into an appointment letter with the Company with an initial term of two years. Ms. Wang is subject to retirement by rotation and re-election (if applicable) at the annual general meeting at least once every three years in accordance with the bye-laws of the Company and the Corporate Governance Code set out in Appendix 14 to the Listing Rules. She is entitled to receive a director’s fee of HK$20,000 per month, which is determined by the remuneration committee of the Company and the Board, and is subject to annual review with reference to the prevailing market conditions, her duties and responsibilities and the time she spent on the affairs of the Company.

Save as disclosed above, there is no information in relation to the appointments of Ms. Ho and Ms. Wang as independent non-executive Directors that is required to be disclosed pursuant to any of the requirements of Rule 13.51(2) of the Listing Rules, and there is no other matter that needs to be brought to the attention of the shareholders of the Company. The Company believes that Ms. Ho and Ms. Wang will make valuable contributions to the Group. The Board would like to extend its warmest welcome to Ms. Ho and Ms. Wang for joining the Company.

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board announces that Mr. CHAN Wai Dune has resigned as an independent non-executive Director due to the pursuit of personal and other business commitments, with effect from 16 March 2021.

Mr. CHAN Wai Dune has confirmed to the Board that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to express its appreciation to Mr. CHAN Wai Dune for his contributions to the Company during his tenure of office.

CHANGES IN MEMBERS OF BOARD COMMITTEES

The Board also announces that with effect from 16 March 2021:

• (i) Mr. CHAN Wai Dune ceased to act as the chairman of each of the audit committee and the remuneration committee and a member of the nomination committee of the Board;

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• (ii) Ms. HO Man Wai has been appointed as the chairman of the audit committee and a member of each of the remuneration committee and the nomination committee of the Board; and

• (iii) Ms. WANG Weixia has been appointed as the chairman of the remuneration committee and a member of each of the audit committee and the nomination committee of the Board.

By order of the Board Asia Pacific Silk Road Investment Company Limited YAN Li Chairman

Hong Kong, 16 March 2021

As at the date of this announcement, the Directors are:

Executive Directors Independent non-executive Directors Mr. YAN Li (Chairman) Ms. HO Man Wai Mr. YEUNG Siu Keung Ms. WANG Weixia Ms. CAO XIE Qiong Mr. MAK Ping Leung (alias Mr. MAK Wah Cheung) Mr. TO Langa Samuelson

Non-executive Directors Ms. YU Yang Ms. CHOI Ngai Wah

In the case of any inconsistency, the English text of this announcement shall prevail over the Chinese text.

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