Statement on the core businesses and strategic development of AMTD Group

Since its inception, AMTD Group (“AMTD”) has always been deeply rooted in Hong Kong and steadily developing its financial service. In the early years, AMTD mainly focused on developing its mass retail financial products. After years of steady development and introduction of diversified shareholding structure as well as a management team comprised of international professionals, in the wave of macro-economy and capital markets upgrading and transforming, AMTD management balanced market trend and risk preference and had decided and gradually established a diversified financial services framework including capital markets & advisory, insurance brokerage solutions and asset management. In the field of capital markets & advisory, AMTD has established excellent reputation by successfully leading a number of high-profile transactions including but not limited to H-share IPOs for Bank of Tianjin, Bank of Qingdao, Xinte Energy, Lanzhou Zhuangyuan Pasture, as well as USD Bond Issuance for Carnival Group International, Emperor International, Sun Hung Kai, Yunnan Provincial Investment, etc. With regard to insurance brokerage and asset management, AMTD has emerged to be one of the largest Hong Kong market leader.

Under the backdrop of an ever-changing market and the ongoing economic transformation in the region, AMTD Group, as a Hong-Kong-based financial institution, concerned not only on profitability but also on compliance with laws and regulations, risk management, social responsibility while seizing the opportunities to develop other markets. We adopt flexible market strategies. While adhering to our three core businesses, we also bring forth innovative solutions and seize different opportunities to further our expansion to the international market. During the development of our company, we will constantly review, fine-tune and restructure our businesses strategy, gradually shrinking the non-core businesses and focusing on businesses which boast considerable market potential and conform to respective regulatory requirements. Meanwhile, we are determined to recruit more talents for the development of our core businesses. We vowed to provide our employees with a favorable working environment and ample space for personal development.

We are firmly optimistic about the future growth of the global economy and the capital market of Hong Kong. We are also confident in the future development of AMTD Group. We will bring together the efforts and wisdom of all AMTDers and jointly build an integrated, international and professional financial holding platform, promoting connections between Hong Kong and Mainland capital markets and further advancing economic restructuring in the region.