For Immediate Release 17 January 2018

Mark Whitehead hands over the reins at

( Kong, 17 January 2018) Mark Whitehead, Chief Executive of Air Cargo Terminals Limited (Hactl) will retire on March 7th after nearly 8 years at the helm. Whitehead’s place will be taken by Wilson Kwong.

Kwong is currently the Chief Executive of Jardine Engineering Corporation (JEC). He joined the Group in 1998, and has worked in Jardine Aviation Services, the Jardine Matheson Head Office, and . Prior to joining JEC, he was Chief Executive Officer of Raffles Quay Asset Management, a Hongkong Land joint venture company overseeing One Raffles Quay and Marina Bay Financial Centre in .

Says Whitehead: “I welcome Wilson to Hactl, and I am confident that Hactl will flourish under his proven leadership. He will be supported by our unique team, and I wish them all the best.”

Whitehead joined Jardine Matheson in 1987 as an in-house legal counsel; he subsequently worked for Jardine Transport Services Group, and was the Jardine Matheson Group’s senior representative for Indo- from 1996 to 1999. He was then appointed Managing Director of Schindler Lifts Hong Kong, after which he worked at Hongkong Land as an Executive Director. He joined Hactl in 2010, with the specific task of steering the Company through the biggest challenge in its history: the loss of its majority shareholder and major customer, , which in turn became Hactl’s competitor.

Under Whitehead’s leadership, Hactl continued its investment and modernisation programmes, achieved many “firsts” in the industry and won a host of industry awards. The company handles over 100 airlines and more than 1.8 million tonnes of cargo (2017).

Whitehead also led Hactl to become the largest freighter ramp handler in Hong Kong. Its value- added logistics subsidiary, Hacis, has undergone significant investment and expansion and will continue to grow as a well-respected player in cross-border trucking.

Whitehead says: “I look back with great satisfaction on what we achieved at Hactl and am clear that our extraordinary progress has only been possible through the drive, support and hard work of our workforce. I am proud to have led the team, and to have been part of such a strong ‘can do’ culture.” Whitehead’s achievements were recently recognised by The Hong Kong Institute of Directors at their annual awards dinner, where he was named as one of its Directors Of The Year.

He concludes: “I look forward to hearing about Hactl’s continuing growth and successes. For my own part, I have grown to love the air cargo industry, and the people in it. I still feel I have a lot to offer, and I look forward to opening a new chapter of opportunities and challenges - whatever and wherever they may be.”

– Ends –

About Hactl Launched in 1976, Hong Kong Air Cargo Terminals Limited (Hactl) is Hong Kong’s largest independent cargo handler, serving more than 100 airline companies and 1,000 freight forwarders.

Its base, SuperTerminal 1, is Hong Kong’s largest cargo handling facility, with an annual design capacity of 3.5 million tonnes.

Hactl’s subsidiary Hacis provides scheduled road feeder services to/from 7 key points in southern China’s important Pearl River Delta region.

Hactl’s world-leading, self-developed IT system, COSAC-Plus, links it with airlines, freight forwarders, agents, shippers/consignees, Airport Authority, Civil Aviation Authority, Census and Statistics Department, and Customs and Excise Department.

Hactl’s shareholders are Jardine Matheson & Co., Ltd (41.67%), Ltd (20.83%), The Wharf (Holdings) Ltd (20.83%) and China National Aviation Corporation (Group) Ltd (16.67%). SuperTerminal 1 at a glance

• Opened 1998 • 395,000 sqm floor area • 3,500 bay, multi-level container storage system, served by 40 fully-automated driverless ATVs • Additional storage for 1,573 empty units • 10,000 bay automated stillage storage/retrieval system for loose cargo (box storage system) • More than 466 pallet workstations • 313 truck docks • 2,400 staff • Facilities for livestock/bloodstock, perishables (30 dedicated truck docks), valuables (dedicated zone for handling 9 armoured vehicles simultaneously), hazardous/radioactive cargo • Over 1,000 CCTV cameras throughout; card-controlled access; personnel-free cargo storage zones • Design capacity: 3.5 million tonnes per annum • Record throughput in one day: 10,184 tonnes • Initial investment: US$1 billion

For further information, please contact Derek Jones, Account Director Corporate Communications Pilot Marketing Hong Kong Air Cargo Terminals Limited (Hactl) Phone: +44 20 8941 5381 Phone: +852 2753 2135

Email: [email protected] Email: [email protected]