Hong Kong – Hang Lung Properties Limited (abbrev. HANG LUNG PPT) and its parent company Hang Lung Group Limited jointly announced a leadership transition dated 31 July 2026.

The Boards have completed a “thorough and competitive” search and selected an unnamed candidate who will join the Group on 7 September 2026 as Chief Executive Officer (CEO) Designate and Executive Director. The appointee will formally assume the CEO role on 1 October 2026.

Current CEO and Executive Director Mr. Weber W.P. Lo will retire from both positions on 1 October 2026. He will become Advisor to the Chair for one year, providing strategic support and drawing on his extensive industry experience.

A further announcement containing the new CEO’s particulars, in accordance with Rule 13.51(2) of the Hong Kong Listing Rules, will be released in due course.

As of the announcement date, the Boards are composed as follows: • Hang Lung Group Limited: 3 Executive Directors, 3 Non-Executive Directors and 4 Independent Non-Executive Directors. • Hang Lung Properties Limited: 3 Executive Directors, 1 Non-Executive Director and 5 Independent Non-Executive Directors.

The company secretarial duties for both entities continue to be handled by Ms. Winnie Ma.