Regal REIT

Chairman and Non-executive Director
Mr. Lo Yuk Sui, Mr. Lo was appointed as the Chairman and Non-executive Director of the REIT Manager in 2006. He has over 41 years of experience in the real estate and hospitality sectors. He is the chairman and chief executive officer of Regal Hotels International Holdings Limited (“RHIHL”) of which Regal REIT is a listed subsidiary. He has held the position as the chairman of RHIHL since 1989 when RHIHL was established in Bermuda as the holding company for the RHIHL Group and was designated as chief executive officer in January 2007. He has been the managing director and chairman of the predecessor listed company of the RHIHL Group since 1984 and 1987, respectively. He is also the chairman and chief executive officer of Century City International Holdings Limited (“CCIHL”) and Paliburg Holdings Limited (“PHL”), of which RHIHL is a listed associate. He is a qualified architect.

Executive Director and Responsible Officer
Mr. Francis Chiu, Mr. Chiu was appointed as an Executive Director and a Responsible Officer of the REIT Manager with effect from 1st March, 2010. He is responsible for, among other things, overseeing and managing the asset management activities of Regal REIT. He is also responsible, jointly with Mr. Simon Lam Man Lim, for making the disclosures and communications of Regal REIT to investors. He has over 23 years of commercial experience in real estate, hospitality and related businesses. Prior to joining the REIT Manager, he held senior positions, including general manager, executive director and regional director with various hotels and companies in Hong Kong and China, focusing on corporate management, joint-venture operations, international marketing, commercial asset, hotel real estate development projects and special investment projects. Mr. Chiu commenced his career with a Hong Kong listed property developer New World Group in 1987 and its listed infrastructure and services conglomerate NWS in 2000, where he worked until 2010.

Mr. Chiu is a Fellow of the Royal Institution of Chartered Surveyors, a Fellow of The Chartered Institute of Housing, a Fellow of CPA Australia, a Fellow of The Chartered Institute of Management Accountants, a Chartered Global Management Accountant (AICPA-CIMA JV), a Fellow of The Hong Kong Institute of Directors, a Member of Hong Kong Institute of Real Estate Administrators, a Member of Urban Land Institute, a U.S. Certified Hotel Administrator and a Fellow of Institute of Hospitality. Mr. Chiu is currently committee members of RICS Hong Kong’s Commercial Property Professional Group and Valuation Professional Group; and Divisional Council Member of CIMA Hong Kong. He is a graduate of the ESSEC Business School Paris, France and Cornell University, USA, with a joint Master’s degree majored in International Hospitality Management and minored in Real Estate and Finance. He also studied Housing Management at The University of Hong Kong; Real Estate and Construction Project Management with Heriot-Watt University. Mr. Chiu holds a MBA and a BA in Business and Finance.

Executive Director and Responsible Officer
Mr. Simon Lam Man Lim, Mr. Lam joined the REIT Manager as the Director of Finance and Investment and Investor Relations in September 2010. He was appointed as an Executive Director on 23rd March, 2011 and with effect from 1st April, 2011. Mr. Lam is responsible for, among other things, overseeing and managing the finance, accounting and investment activities of Regal REIT. He is also responsible, jointly with Mr. Francis Chiu, for making the disclosures and communications of Regal REIT to investors. Mr. Lam holds a Master of Business Administration degree and is a Fellow member of The Hong Kong Institute of Certified Public Accountants and an associate member of The Chartered Institute of Management Accountants. Mr. Lam has over 30 years of finance and accounting experience from his professional career. Prior to joining the REIT Manager, he was an executive director and chief financial officer of Binhai Investment Company Limited, a listed company on the GEM Board of The Stock Exchange of Hong Kong Limited. Prior to that, he held various management positions in different major Hong Kong listed companies and other multinationals, including The Link Management Limited (the REIT Manger of The Link REIT), Johnson Electric, Motorola Asia Pacific Limited and Philips Electronics Group.

Non-executive Director
Mr. Donald Fan Tung, Mr. Fan was appointed as a Non-executive Director of the REIT Manager in 2006. He is an executive director of CCIHL, PHL and RHIHL. He is also the chief operating officer of PHL. He is involved in the property development, architectural design and project management functions of PHL and in charge of all hotel project work in RHIHL. He is a qualified architect.

Non-executive Director
Mr. Jimmy Lo Chun To, Mr. Lo was appointed as a Non-executive Director of the REIT Manager in 2006. He is an executive director of CCIHL, PHL and RHIHL. He graduated from Cornell University, New York, U.S.A. with a Bachelor of Architecture degree. In addition to his involvement in the design of RHIHL Group property and hotel projects, he also undertakes responsibilities in the business development functions of CCIHL, PHL and RHIHL. He is the son of Mr. Lo Yuk Sui.

Non-executive Director
Lo Po Man, Miss Lo was appointed as a Non-executive Director of the REIT Manager with effect from 24th September, 2012. Miss Lo graduated from Duke University, North Carolina, U.S.A. with a Bachelor’s degree in psychology. She is currently an executive director of CCIHL, PHL and RHIHL. Miss Lo oversees the sales and marketing functions of RHIHL and directed the marketing campaign of the Regalia Bay, a luxurious residential property in Stanley, Hong Kong. She also undertakes responsibilities in the business development function of RHIHL. Miss Lo is the daughter of Mr. Lo Yuk Sui.

Non-executive Director
Kenneth Ng Kwai Kai, Mr. Ng was appointed as a Non-executive Director and of the REIT Manager with effect from 24th September, 2012. Mr. Ng is a Chartered Secretary. He is currently an executive director and the chief operating officer of CCIHL, an executive director of PHL and RHIHL, and a non-executive director of Cosmopolitan International Holdings Limited, all of which are companies listed on the Hong Kong Stock Exchange. Mr. Ng is in charge of the corporate finance, company secretarial and administrative functions of CCIHL, PHL and RHIHL and their respective subsidiaries (excluding Regal REIT and its subsidiaries).

Independent Non-executive Director
Mr. John William Crawford, JP, Mr. Crawford was appointed as an Independent Non-executive Director of the REIT Manager in 2006. He was one of the founders of Ernst & Young, Hong Kong office and vice-chairman of the firm when he retired at the end of 1997. During his 25 years in public practice, he was also the chairman of the audit division of Ernst & Young and was active in a number of large private and public company takeover and/or restructuring exercises. He has continued to undertake consultancy/advisory work in a private capacity since retirement, is active in the education sector and is the chairman of International Quality Education Limited. He also remains active in various community service areas such as being a founding member of UNICEF Hong Kong Committee and the Hong Kong Institute of Directors. In 1997, he was appointed a Justice of the Peace in Hong Kong. He currently acts as an independent non-executive director on the board of two Hong Kong listed companies, namely e-Kong Group Limited and Titan Petrochemicals Group Limited, where he also chairs the audit committees. He is also an independent non-executive director of Entertainment Gaming Asia Inc. which is listed on the American Stock Exchange.

Independent Non-executive Director
Mr. Alvin Leslie Lam Kwing Wai, Mr. Lam was appointed as an Independent Non-executive Director of the REIT Manager in 2006. He is the chairman and managing director of Golden Resources Development International Limited, which is listed on the Hong Kong Stock Exchange. He holds a Master of Business Administration degree from the University of California, Berkeley, U.S.A.. He has extensive experience in financial management and investment planning.

Independent Non-executive Director
Mr. Kai Ole Ringenson, Mr. Ringenson was redesignated as a Independent Non-executive Director of the REIT Manager with effect from 24th September, 2012. He was the Chief Executive Officer and Executive Director of the REIT Manager in 2006 and a Responsible Officer of the REIT Manager in 2007 until he become a Non-executive Director on 1st March, 2010. He has extensive experience in international hotel management and asset management. He has managed hotels in Asia, Europe and the United States and has managed numerous hotel turn-around situations. He obtained a Bachelor of Science (Hotel) degree from Cornell University, New York, U.S.A.. He joined the RHIHL Group in 2001 and was an executive director of RHIHL and the chief operating officer of Regal Hotels International Limited, a wholly-owned subsidiary of RHIHL, from 2002 until he became a non-executive director of RHIHL in January 2004. He resigned as a non-executive director of RHIHL in 2006 to become the sole Executive Director and Chief Executive Officer of the REIT Manager.

Independent Non-executive Director
Hon. Abraham Shek Lai Him, SBS, JP, Mr. Shek was appointed as an Independent Non-executive Director of the REIT Manager in 2006. He holds a Bachelor of Arts degree from the University of Sydney. He is currently a member of the Legislative Council for the Hong Kong Special Administrative Region and vice chairman of the Independent Police Complaints Council. He is also a member of the Court of The Hong Kong University of Science & Technology, a member of the Court of The University of Hong Kong, a director of The Hong Kong Mortgage Corporation Limited. He is the vice chairman, independent non-executive director and audit committee member of ITC Properties Group Limited and an independent non-executive director and a member of the audit committee of Chuang’s Consortium International Limited, Country Garden Holdings Company Limited, ITC Corporation Limited, Kosmopolito Hotels International Limited, Lifestyle International Holdings Limited, Midas International Holdings Limited, NWS Holdings Limited, PHL (of which RHIHL is a listed associate), SJM Holdings Limited and Titan Petrochemicals Group Limited and the chairman and independent non-executive director of Chuang’s China Investments Limited, all of which are companies listed on the Hong Kong Stock Exchange. He also currently acts as an independent non-executive director of China Resources Cement Holdings Limited, Hop Hing Group Holdings Limited, Hsin Chong Construction Group Limited and MTR Corporation Limited, which are listed on the Hong Kong Stock Exchange. He is an independent non-executive director and a member of the audit committee of Eagle Asset Management (CP) Limited which is the manager of Champion Real Estate Investment Trust, the units of which are listed on the Hong Kong Stock Exchange.