The Board of Directors of Swire Pacific Limited announced that Mr. Samuel Compton, with effect from the conclusion of the Company's Board meeting held on 12th January 2023, resigned as a non-executive director of the Company, in order to devote more time to the businesses of John Swire & Sons Limited. Mr. Swire is a director and a shareholder of JS&SL. Mr. Swire has confirmed that he has no disagreement with the Board and that he is not aware of any matters relating to his resignation that needs to be brought to the attention of the shareholders of the Company.

The Board would like to express its sincere gratitude to Mr. Swire for his invaluable contributions to the Company over the past 8 years since his appointment as a director of the Company on 1st January 2015.