HKSI Institute AR2023

DIRECTORS’ REPORT The directors submit herewith their annual report together with the consolidated audited financial statements for the year ended 31 March 2023. Principal place of business Hong Kong Securities and Investment Institute (the “Institute”) is an institute incorporated and domiciled in Hong Kong and has its registered office and principal place of business at 17/F, Cambridge House, Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong. Principal activities and business review The Institute and its subsidiaries (the “Group”) offer those who are interested in pursuing a career within the financial services industry a comprehensive programme of high quality professional training, events and internationally recognised examinations which aim to assist individuals achieve their own professional goals within the industry. Further discussion and analysis of the principal activities as required by Schedule 5 to the Hong Kong Companies Ordinance, including a discussion of the principal risks and uncertainties facing the Group and an indication of likely future developments in the Group’s business, can be found in the Business Review section set out in the Annual Report. This discussion forms part of this directors’ report. Directors The directors during the financial year and up to the date of this report were: Mr Colin Stuart Shaftesley (Chairman) Mr Graham Michael Cottingham Miss Angelina Agnes Kwan Ms Phyllis Yim Lan Lee Mr Kevin Chi Kit Liem Mr Eric Tin Yau Ho Mr Vincent Chun Hung Chan Mr Dinshaw Jeremy Lam Mr Chi Wang Lui Mr Piu Tong Mr Zhongze Wang Mr Dickson Chan Chi Chuen (Appointed on 15 December 2022) Mr Foster Yim Hong Cheuk (Appointed on 15 December 2022) Mr Lo Ken Bon (Appointed on 15 December 2022) Mr Gordon Tsui Luen On (Appointed on 15 December 2022) Mr David Shing Yim Chau (Resigned on 15 December 2022) Mr Christopher Fai Man Lee (Resigned on 15 December 2022) Ms Katherine Kit Shuen Ng (Resigned on 15 December 2022) Mr Samuel Chiu Mo Tsang (Resigned on 15 December 2022) In addition, the directors of the Institute’s subsidiaries during the period from the beginning of the financial year to the date of this report are as follows: Mr Colin Stuart Shaftesley Miss Ruth Hing See Kung Ms Yuan Yuan He Directors’ interests in transactions, arrangements or contracts No contract of significance to which the Institute, or any of its subsidiaries or fellow subsidiaries was a party, and in which a director of the Institute had a material interest, subsisted at the end of the year or at any time during the year. Auditors KPMG retire and, being eligible, offer themselves for re- appointment. A resolution for the re-appointment of KPMG as honorary auditors of the Institute is to be proposed at the forthcoming annual general meeting. By order of the board Colin Stuart Shaftesley Hong Kong, 29 September 2023 HKSI Institute Annual Report 2023 48