PCCW Limited announced that Mr. Srinivas Bangalore Gangaiah (also known as BG Srinivas) (‘Mr. Srinivas' or ‘BG') has informed the board of directors (the ‘Board') of the company that he will retire from his positions as Executive Director, and will cease to be the authorized representative of the company with effect from February 28, 2022. Mr. Srinivas will also retire as a member of the Company's Executive Committee with effect from the same date. Mr. Srinivas informed the board that he has decided to retire in order to pursue his personal interests.

Concurrently with her appointment as Acting Group Managing Director, Ms. Hui Hon Hing, Susanna (‘Ms. Hui'), will continue in her role as Group Chief Financial Officer and Executive Director of the Company. With effect from February 28, 2022, Mr. Srinivas will retire as a member of the Company's Executive Committee. Ms. Hui will continue to serve on the Company's Executive Committee.

Upon his retirement as Group Managing Director of the Company, Mr. Srinivas will cease to be an authorized representative of the Company under Rule 3.05 of the Listing Rules, and will be replaced by Ms. Hui who will be appointed as an authorized representative of the Company under Rule 3.05 of the Listing Rules.