List of Directors & Their Roles & Functions

The members of the board of directors (the “Board”) of Kerry Properties Limited (the “Company”) are set out below:

Executive Directors

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  Mr KUOK Khoon Hua, Chairman and Chief Executive Officer

  

  Aged 44, has been the Chairman of the Company since May 2022 and the Chief Executive Officer of the Company since June 2019. He is also the chairman of the Company’s Nomination Committee, a member of the Company’s Remuneration Committee, Finance Committee and Executive Committee. Prior to his appointment as the Chairman, Mr Kuok was the Vice Chairman of the Company from June 2019 to May 2022 and a Non-executive Director of the Company from June 2015 to May 2019. Mr Kuok is the chairman of Kerry Holdings Limited (“KHL”) and a director of Kerry Group Limited (“KGL”) and Kuok (Singapore) Limited. Both KHL and KGL are the controlling shareholders of the Company. Mr Kuok is the vice chairman and a non-executive director of Kerry Logistics Network Limited (a listed company in Hong Kong). He is also a non-executive and non-independent director of Wilmar International Limited (a listed company in Singapore) and a director of Sea Limited (a listed company in New York). Mr Kuok holds a Bachelor’s degree in Economics from Harvard University. 

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  Mr AU Hing Lun, Dennis, Deputy Chief Executive Officer

  

  Aged 63, has been the Deputy Chief Executive Officer and an Executive Director of the Company since May 2022 and is a member of the Company’s Executive Committee and Finance Committee. Mr Au is also a director of Shang Properties, Inc. (a listed company in the Philippines and an associated company of the Company). Mr Au has over 35 years of experience in accounting, finance, consultancy, business development and general management spanning across manufacturing, technology and real estate industries. Prior to joining the Company, Mr Au was the managing director of real estate of the Chinachem Group from 2019 to 2022; and a non-executive director of ENM Holdings Limited (a listed company in Hong Kong, a related company of the Chinachem Group) from 2020 to 2022. Before the Chinachem Group, Mr Au held various senior positions, including executive director, deputy chief executive officer and chief financial officer, etc. in various listed companies in Hong Kong for over twenty years. He is a fellow member of the Association of Chartered Certified Accountants. He holds a Master of Business Administration degree from the University of Hong Kong and a Bachelor of Science degree from Dalhousie University in Canada.

Non-executive Director

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  Ms TONG Shao Ming

  

  Aged 48, has been a Non-executive Director of the Company since November 2023.  She is now a member of the Company’s Audit and Corporate Governance Committee.  Ms Tong has served as the investment director of Kerry Holdings Limited (“KHL”) since 2010.  KHL is the controlling shareholder of the Company.  Ms Tong is a director of Kerry TJ Logistics Company Limited (a listed company in Taiwan) and a director of Yihai Kerry Arawana Holdings Co., Ltd. (a listed company in Shenzhen).  She is also an alternate director to Mr Kuok Khoon Hua (the Chairman and Chief Executive Officer of the Company) in his capacity as a non-executive and non-independent director of Wilmar International Limited (a listed company in Singapore).  Ms Tong was a non-executive director of Kerry Logistics Network Limited (a listed company in Hong Kong) from 2019 to 2021.  Between 2009 and 2012, Ms Tong served as the investment director of Wilmar International Limited.  Between 2005 and 2008, Ms Tong worked as an executive director in the equity capital markets department of UBS Group AG.  Between 1998 and 2005, Ms Tong worked as a solicitor in the London and Hong Kong offices of a law firm, Slaughter and May.  She obtained a bachelor’s degree in jurisprudence from Oxford University in 1997 and was admitted as a solicitor of England and Wales.

Independent Non-Executive Directors

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  Ms WONG Yu Pok, Marina, JP

  

  Aged 74, has been an Independent Non-executive Director of the Company since 2008. She is now the chairman of the Company’s Audit and Corporate Governance Committee and Remuneration Committee and also a member of the Company’s Nomination Committee. She had been with PricewaterhouseCoopers for over 30 years specialising in the PRC tax and business advisory services, and has extensive experience in advising both Hong Kong and foreign investors in the structuring of their businesses and investments in the PRC. Ms Wong joined Tricor Services Limited as a director from 2004 to 2006 after her retirement as a partner from PricewaterhouseCoopers in 2004. Ms Wong is now an independent non-executive director of Kerry Logistics Network Limited, Hong Kong Ferry (Holdings) Company Limited, Luk Fook Holdings (International) Limited and SJM Holdings Limited (all of which are listed companies in Hong Kong). She is a Fellow Member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants.

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  Mr HUI Chun Yue, David

  

  Aged 51, has been an Independent Non-executive Director of the Company since May 2020. He is now a member of the Company’s Audit and Corporate Governance Committee, Remuneration Committee and Nomination Committee. Mr Hui is the Partner in charge of the Hong Kong office of Heidrick & Struggles International, Inc. (a publicly traded company on the NASDAQ stock market) and is the Regional Managing Partner of the Industrial Practice for Asia Pacific and the Middle East and leads the Chief Executive Officer and Board Practice in Hong Kong. He has over 20 years of experience in executive search and consulting globally and across the Asia Pacific region in the industrial and financial services sectors. Earlier in his career, Mr Hui was a banking and finance lawyer at Allen & Overy and Baker McKenzie. He is qualified to practise as a solicitor in England, Wales and Hong Kong. Mr Hui holds a Bachelor of Law with joint honors in Law and Chinese Studies from the University of Leeds, a Master of Law from the University of London and an Executive Master of Business Administration from Kellogg-HKUST Executive MBA program.

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  Mr CHUM Kwan Lock, Grant

  

  Aged 47, has been an Independent Non-executive Director of the Company since May 2022. He is a member of the Company’s Audit and Corporate Governance Committee. Mr Chum is the chief operating officer and an executive director of Sands China Ltd. (a listed company in Hong Kong). Since July 2022, he also serves concurrently as the executive vice president - Asia operations at Las Vegas Sands Corp.. Prior to joining the Las Vegas Sands group in 2013, Mr Chum spent 14 years at UBS Investment Bank in a variety of roles, including serving as managing director, head of Hong Kong Equity Research and head of China Equity Research. He was named the top stock picker of the year in Asia by the Financial Times in 2011. Mr Chum graduated in Philosophy, Politics and Economics with First Class Honors from the University of Oxford.

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  Dr LI Rui

  

  Aged 52, has been an Independent Non-executive Director of the Company since November 2023.  He is now a member of the Company’s Audit and Corporate Governance Committee.  Dr Li is the Adjunct Associate Professor at Institute for China Business of the University of Hong Kong.  He has over 25 years of extensive experiences in corporate finance, capital market, and management consulting in China, the United States and Canada.  Dr Li was the Group Finance Director at Ping An Insurance Group (“PingAn”) from 2017 to 2023.  He was responsible for PingAn’s finance strategy and operations on the insurance, banking, asset management, and technology businesses.  Dr Li was a director of Lufax Holding Ltd (a listed company in New York and Hong Kong) from 2021 to 2022 and also a non-executive director of OneConnect Financial Technology Co., Ltd. (a listed company in New York and Hong Kong) from 2019 to 2021.  Prior to that, Dr Li served as the Chief Marketing Officer and the Chief Financial Officer at SF Express International.  In addition, he provided strategy and management consulting to global Fortune 500 companies at large world-wide consulting firm.  Dr Li is a member of American Institute of Certified Public Accountants and Chartered Global Management Accountants.  He earned the degree of Doctor of Philosophy in Finance from the International School of Management, Master of Business Administration degree from the Metropolitan State University and Bachelor of Science degree from the Winona State University.

There are five Board committees. The membership information of these committees on which each Board member serves are set out below:

Audit and Corporate Governance Committee

• Ms WONG Yu Pok, Marina, JP, Chairman
• Mr HUI Chun Yue, David
• Mr CHUM Kwan Lock, Grant
• Dr LI Rui
• Ms TONG Shao Ming

Remuneration Committee

• Ms WONG Yu Pok, Marina, JP, Chairman
• Mr KUOK Khoon Hua
• Mr HUI Chun Yue, David

Nomination Committee

• Mr KUOK Khoon Hua, Chairman
• Ms WONG Yu Pok, Marina, JP
• Mr HUI Chun Yue, David

Finance Committee #

• Mr KUOK Khoon Hua
• Mr AU Hing Lun, Dennis
• # The Finance Committee comprises two Executive Directors of the Company and the Chief Financial Officer and Company Secretary of the Company, namely, Ms. Cheng Wai Sin as its members.

Executive Committee

• Mr KUOK Khoon Hua
• Mr AU Hing Lun, Dennis