SHAW BROTHERS (00953): Ge Jun appointed as the Chairman of the Compensation Committee.

SHAW BROTHERS (00953) announced that Ms. Situ Huiling has resigned as an independent non-executive director at the conclusion of the shareholders' annual meeting. As a result, she will no longer serve as the Chairman of the company's Remuneration Committee, as well as a member of the Nomination Committee and the Audit Committee. The Board of Directors further announced that Mr. Ge Jun has been appointed as the Chairman of the Remuneration Committee as an independent non-executive director; and Ms. Le Yiling and Mr. Gu Jiong have been appointed as members of the Nomination Committee as executive directors.