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BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 12:00 (noon) to 20:00 on 25^th April, 2021 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.

Dear Valued Customers,

Bank of East Asia (Trustees) Limited is committed to observing applicable legal and regulatory requirements.

In respect of the Executive Order 13959 (as amended) signed by the former President of the United States of America "Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies" (the “Executive Order”), because the prohibitions under the Executive Order only apply to the activities of any person or entity which falls within the definition of “U.S. Persons” under the Executive Order (“U.S. Person(s)”), U. S. Person(s) may be prohibited under the U.S. sanctions law from engaging in transactions with constituent funds (“CFs”) in the MPF schemes which hold or invest in the securities targeted by the Executive Order prohibitions (“impacted securities”) as a result.

MPF scheme participants (“Participants”) who fall under the category of U.S. Person(s) per the Executive Order should, however, take note that some of our CFs, particularly those with the investment objective and exposure to investments in Asian, China and Hong Kong markets, may result in having an investment exposure to the impacted securities and therefore may not be appropriate for U.S. Person(s) to invest in as a result of the Executive Order. Participants are reminded to perform your own due diligence and seek independent professional advice where necessary for taking appropriate action to avoid violation of any applicable laws and regulations (including the Executive Order).

Bank of East Asia (Trustees) Limited will continue to monitor the development and implementation of the Executive Order. If you are in doubt about the contents of this notice, you should perform the appropriate due diligence and seek independent professional advice.

Bank of East Asia (Trustees) Limited

9^th April, 2021

The Good MPF Employer Award 2020-21 (“GMEA”), organized by the Mandatory Provident Fund Schemes Authority (“MPFA”), is now inviting applications.

The GMEA aims to promote and foster employers’ compliance with MPF legislation; encourage employers to provide better retirement benefits for their employees; and recognize employers who are exemplary in enhancing the retirement benefits of their employees.

Employers who are interested to the award please visit MPFA’s GMEA website or refer to the flyer of the award for further details. The application deadline is 30^th June.

Hotline: 2292 1222

Email: goodMPFemployer@mpfa.org.hk

The MPF Scheme Brochures of the BEA (MPF) Master Trust Scheme and BEA (MPF) Industry Scheme have been revised through the Addendum, to be issued on 19^th March, 2021. This will include changes in relation to the management fee reduction of certain constituent funds and the disclosure of risk factors associated with certain constituent funds. The aggregate management fee of certain constituent funds have been reduced effective from 1^st January, 2021. The disclosure of new risk factors with effect from 19^th March, 2021.

For further details, please refer to the Addendum to the MPF Scheme Brochure and Notice To Participants of the BEA (MPF) Master Trust Scheme and BEA (MPF) Industry Scheme

• Addendum to the MPF Scheme Brochure of the BEA (MPF) Master Trust Scheme and Notice To Participants
• Addendum to the MPF Scheme Brochure of the BEA (MPF) Industry Scheme and Notice To Participants

Should you have any questions, please call our BEA (MPF) Hotline (operated by the Bank of East Asia (Trustees) Limited) on 2211 1777.

The MPF Scheme Brochure of the BEA (MPF) Value Scheme has been revised through the Addendum, to be issued on 15^th March, 2021. This will include changes in relation to the investment policy of the BEA Greater China Equity Fund and its underlying APIF invests, with effect from 15^th April, 2021. The disclosure of new risk factors with effect from 15^th March, 2021.

For further details, please refer to the Addendum to the MPF Scheme Brochure of the BEA (MPF) Value Scheme and Notice To Participants.

Should you have any questions, please call our BEA (MPF) Hotline (operated by the Bank of East Asia (Trustees) Limited) on 2211 1777.

To enhance the transparency of information for scheme members, a new online dashboard is now available on Cyberbanking. The enhanced interface can assist you in making your retirement planning decision and enhance your user experience by accessing comprehensible account information straightforwardly.

The key information includes the following:

BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 09:00 to 16:00 on 6^th December, 2020 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.

BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 00:00 on 17^th May, 2020 to 08:00 on 18^th May, 2020 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.

The Good MPF Employer Award 2019-20 (“GMEA”), organized by the Mandatory Provident Fund Schemes Authority (“MPFA”), is now inviting applications.

The GMEA aims to promote and foster employers’ compliance with MPF legislation; encourage employers to provide better retirement benefits for their employees; and recognize employers who are exemplary in enhancing the retirement benefits of their employees.

Employers who are interested to the award please visit MPFA’s GMEA website or refer to the flyer of the award for further details. The application deadline is 30^th June.

Hotline: 2292 1222

Email: goodMPFemployer@mpfa.org.hk

Explanatory Memoranda of the three BEA MPF schemes have been revised and issued on 31^st March, 2020. This will include changes in relation to the regulatory changes relating to automatic exchange of financial account information, the latest requirements of the Code on Disclosure for MPF Investment Funds (the "Code") issued by the Mandatory Provident Fund Schemes Authority and certain miscellaneous changes.

Please note that the updates on the Explanatory Memoranda which reflect the latest requirements of the Code include: (i) the sequence of the contents has been rejigged to be in line with the requirements of the Code; (ii) the contents have been updated in an easy-to-understand and concise manner to enhance readability and clarity; and (iii) the Explanatory Memoranda will be renamed as the “MPF Scheme Brochure” for the purpose of standardisation.The update to the Explanatory Memoranda per the Code would not in itself result in changes to the operation and features of the relevant schemes.

You may download the latest MPF Scheme Brochure and Notice To Participants for further details:

• MPF Scheme Brochure of the BEA (MPF) Master Trust Scheme and Notice To Participants
• MPF Scheme Brochure of the BEA (MPF) Value Scheme and Notice To Participants
• MPF Scheme Brochure of the BEA (MPF) Industry Scheme and Notice To Participants

Pursuant to the requirements of the Code on the disclosure of risk class¹ of constituent funds, the related webpages and administrative forms (including the relevant “Member - Membership Application Form” and “Member - Participation Agreement”) of BEA MPF had also been updated accordingly. Please visit “Fund Information > Fund Choices” to know more about the details of the risk class. You may access “Download Area > Form” to download the latest version of the forms.

Should you have any questions, please call our BEA (MPF) Hotline (operated by the Bank of East Asia (Trustees) Limited) on 2211 1777.

¹ The risk class is to be assigned to each constituent fund according to the seven-point risk classification based on the latest fund risk indicator of the constituent fund. The fund risk indicator shows the annualised standard deviation based on the monthly rates of return of the constituent funds over the past 3 years to the reporting date of the latest Fund Fact Sheet, which is published on a quarterly basis.