Swire Pacific to Revamp Board After 2026 AGM: Two New INEDs, One Retirement, Committee Realignments

Swire Pacific Limited (Swire Pacific) will implement a broad board reshuffle at the close of its 2026 Annual General Meeting on 14 May 2026.

Board exits and appointments • Independent Non-Executive Director (INED) Edith Man-ling Ngan will retire and leave the Audit Committee. • Anna Ming-ming Cheung, 58, and Clara Ho, 54, will join as INEDs. Cheung will also serve on the Remuneration Committee, while Ho will take a seat on the Audit Committee.

Committee fee structure • Annual director fee: HK$828,000 per appointee (pro-rated for 2026). • Additional committee fees: Cheung—HK$75,000; Ho—HK$225,000.

Re-designation and leadership changes • Gordon Robert Halyburton Orr will move from INED to Non-Executive Director upon becoming a director of John Swire & Sons Limited. He will step down as Chairman of both the Remuneration and Nomination Committees. • Xu Ying will succeed Orr as Chair of the two committees, and Paul Kenneth Etchells will join the Nomination Committee.

Tenure and independence confirmations • Cheung and Ho will serve until the 2027 AGM; Orr’s new term runs to the 2028 AGM. • Both new INEDs have affirmed independence under Listing Rule 3.13 and report no shareholdings in Swire Pacific.

Current board composition (post-changes effective 14 May 2026) Executive Directors: Guy Bradley (Chairman), David Cogman, Patrick Healy, Martin Murray. Non-Executive Directors: Gordon McCallum, Merlin Swire, Gordon Orr. INEDs: Paul Etchells, Xu Ying, Bonnie Zhang, Anna Cheung, Clara Ho.

The company expressed gratitude to Ms. Ngan for her service and confirmed no disagreements or issues requiring shareholder attention were raised in connection with her retirement.