The Company established the Strategy and Transformation Committee with specific written terms of reference. The Strategy and Transformation Committee is responsible for formulating the Group’s strategic direction and corporate planning, leading and driving the implementation of strategic plans and corporate transformation, and overseeing the overall management and performance of the Group, with the Board’s delegated authority.

The Strategy and Transformation Committee currently consists of five executive directors, including Dr. Cheng Kar-Shun, Henry, Mr. Cheng Chi-Heng, Conroy, Ms. Cheng Chi-Man, Sonia, Mr. Wong Siu-Kee, Kent and Mr. Cheng Ping-Hei, Hamilton.