HKBN: Ling Hao has been appointed as Executive Director

According to the Hong Kong Broadband Network (01310) and China Mobile Hong Kong's joint announcement, Yang Zhuguang has resigned as (i) Executive Director of the company; (ii) Executive Vice Chairman; (iii) Group Chief Executive Officer; (iv) Member of the Company's Nomination Committee; and (v) Member of the Company's Environmental, Social and Governance Committee. Ling Hao has been appointed as the Executive Director and Chairman of the Company's Board. Zhong Haoyi has stepped down as Chairman of the Board but will continue to serve as an Independent Non-Executive Director of the Company. Li Xin has been appointed as the Executive Director and Group Chief Executive Officer. Lei Liqun has been appointed as the Executive Director of the Company. Luo Weimin has been appointed as a Non-Executive Director of the Company. The following changes will be made to the Board Committees: (a) Ling Hao has been appointed as Chairman of the Nomination Committee as an Executive Director of the Company. (b) Li Xin has been appointed as a member of the Nomination Committee and Chairman of the Risk Committee as an Executive Director of the Company. (c) Lei Liqun has been appointed as a member of the Company's Remuneration Committee as an Executive Director. (d) Luo Weimin has been appointed as a member of the Company's Audit Committee as a Non-Executive Director. (e) Zhong Haoyi has been appointed as a member of the Environmental, Social and Governance Committee as an Independent Non-Executive Director. He will no longer serve as a member of the Audit Committee and has stepped down as Chairman of the Nomination Committee but will continue to serve as a member of the Nomination Committee. (f) Zhong Jieyi will no longer serve as a member of the Risk Committee. (g) Zhang Mingming will no longer serve as a member of the Remuneration Committee. He has stepped down as Chairman of the Risk Committee but will continue to serve as a member of the Risk Committee. Li Xin has been appointed as the new authorized representative of the Company under Rule 3.05 of the Securities Listing Rules of The Stock Exchange of Hong Kong Limited (the Exchange). Li Xin has been appointed as the new authorized representative of the Company under Part 16 of the Companies Ordinance (Cap. 622) of Hong Kong. Gowling WLG (Hong Kong) has been appointed as the new legal process agent for the Company under Rule 19.05(2) of the Listing Rules