The Board of Directors of Television Broadcasts Limited announced Ms. Fung also ceased to be a member of the Investment Committee of the Board and an authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Ms. Fung is leaving for personal reasons and has confirmed to the Company that she has no disagreement with the Board and that she is not aware of any matter in relation to her resignation that needs to be brought to the attention of the shareholders of the Company. Mr. Lee, who joined TVB in December 2021 as Head of Corporate Development, holds a Bachelor's degree in Engineering from King's College London.

His career prior to TVB includes senior positions in Goldman Sachs, where he was an executive director of investment banking; and in PSA International, where he served as CFO of the Northeast Asia region, then as head of group strategy. Mr. Chan, currently Deputy General Manager, joined TVB as General Counsel in 2010 and was appointed to the current position in July 2016. Before joining TVB, he worked at Asia Television Limited and i-Cable Communications Limited.

Mr. Chan received Master of Laws degrees from City University of Hong Kong, Renmin University of China and University of Strathclyde of United Kingdom respectively, and is a solicitor of the HKSAR. The Board announces that Mr. Lee has also been appointed as a member of the Investment Committee with effect from 4 July 2022. The Investment Committee comprises three members, namely Mr. Anthony Lee Hsien Pin (chairman), Mr. Thomas Hui To and Mr. Ian Lee Hock Lye.