Annual Report 2021

078 Report of the Directors Annual Report 2021 Miramar Hotel and Investment Company, Limited Major Customers and Suppliers Due to the diversity and nature of the Group’s activities, the aggregate percentage of the Group’s sales and purchases attributable to the Group’s five largest customers and suppliers respectively was less than 30%. At 31 December 2021, none of the directors, their close associates or shareholders who, to the knowledge of the directors, own more than 5% of the Company’s number of issued shares, had an interest in any of the five largest customers and suppliers. The Directors do not consider any one employee, customer, supplier and others to be influential to the Group. Directors The directors who held office during the year ended 31 December 2021 and up to the date of this report were: Executive Directors Dr LEE Ka Shing Mr Richard TANG Yat Sun Dr Colin LAM Ko Yin Mr Eddie LAU Yum Chuen Mr Norman HO Hau Chong Non-Executive Directors Dr Patrick FUNG Yuk Bun Mr Dominic CHENG Ka On Independent Non-Executive Directors Dr David SIN Wai Kin Mr WU King Cheong Dr Timpson CHUNG Shui Ming Mr Howard YEUNG Ping Leung Mr Thomas LIANG Cheung Biu Mr Alexander AU Siu Kee In accordance with Articles 77, 78 and 79 of the Company’s Articles of Association or the Corporate Governance Code under the Listing Rules, Mr Eddie Lau Yum Chuen, Mr Thomas Liang Cheung Biu, Dr David Sin Wai Kin, Mr Richard Tang Yat Sun and Mr Howard Yeung Ping Leung shall retire by rotation at the forthcoming 2022 Annual General Meeting and, being eligible, have offered themselves for re-election. The Nomination Committee has also recommended to the Board that they are eligible for re-election. A list of directors of the subsidiaries of the Company during the year ended 31 December 2021 and up to the date of this report is kept at the Company’s registered office and available for inspection by the Company’s shareholders during office hours.