Tencent Music Entertainment Group announces board changes

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Shenzhen, China, May 27, 2022 /PRNewswire/ — Tencent Music Entertainment Group (“TME” or the “Company”) (NYSE:TME), China’s leading online music and audio entertainment platform, today announced that Mr. Martin Chi Ping Lau, who has served on the Board of Directors of the Company (the “Board”) since 2016, has decided to resign from the Board, effective immediately. At the same time, the Company is pleased to announce the appointment of Mr. Matthew Yun Ming Chengto its Board of Directors, also with immediate effect.

“On behalf of our Board of Directors, we would like to express our deepest gratitude to Martin for his years of services to the TME Board of Directors and his valuable contributions to society. His vast experience and strategic thinking have shaped TME’s growth path and been instrumental in our transformation into the leading online music and audio entertainment platform in China. After his resignation, Martin will continue to provide strategic advice to us as President of Tencentwhich remains the majority shareholder of TME,” commented Mr. Cussion Pang, Executive Chairman of TME. “In the meantime, we are pleased to welcome Matthew as a new director to our board. We are confident that his experience and insights will provide valuable insights as we continue to execute our strategy and promote the healthy development of China The music industry.”

Mr Cheng currently serves as Corporate Vice President of Tencent Holdings Limited (HKEX: 0700). before joining Tencent in 2010, Mr. Cheng assumed financial management positions in various companies, including Price Waterhouse and China Everbright Technology Limited (HKEX: 0256). Mr. Cheng is also a member of the Association of Chartered Chartered Accountants. He earned a bachelor’s degree in accounting from Hong Kong Polytechnic University.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME) is the leading online music and audio entertainment platform in China, leveraging the country’s highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME’s mission is to use technology to elevate the role of music in people’s lives by enabling them to create, enjoy, share and interact with music. TME’s platform includes online music, online audio, online karaoke, music-focused live streaming and online concert services, allowing music fans to discover, listen, sing, watch, play and socialize around music. For more information, visit ir.tencentmusic.com.

Investor Relations
Tencent Musical Entertainment Group
[email protected]
+86 (755) 8601-3388 ext. 818415

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