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Directors%u2019 Report82ADVANCING AHEADDISTRIBUTABLE RESERVESDetails of the movement in the reserves of the Company during the year ended 31 December 2024 are set out in note 43 to the Consolidated Financial Statements of this annual report.As at 31 December 2024, the reserves available for distribution to shareholders by the Company amounted to US$5,069,889,000 (2023: US$5,065,403,000).DIRECTORSDirectors of the Company during the year ended 31 December 2024 and up to the date of this report are as follows:Executive DirectorsDate of AppointmentMr Jinchu SHEN (Group Co-founder and Co-CEO)30 June 2011 Mr Stuart GIBSON (Group Co-founder and Co-CEO)20 January 2016Non-executive DirectorsMr Jeffrey David PERLMAN (stepped down as the Chairman of the Board with effect from 2 September 2024)14 June 2011 Mr Charles Alexander PORTES (Group Co-founder)20 January 2016Mr Hwee Chiang LIM (retired with effect from 21 January 2025)20 January 2022Dr Kwok Hung Justin CHIU (retired at the AGM held on 31 May 2024)20 January 2022Mr Rajeev Veeravalli KANNAN20 January 2022Ms Joanne Sarah MCNAMARA1 January 2024Independent Non-executive DirectorsMr Brett Harold KRAUSE (Chairman of the Board, redesignated with effect from 2 September 2024)20 May 2019 (effective on 22 October 2019)Mr Simon James MCDONALD20 May 2019 (effective on 22 October 2019)Ms Serene Siew Noi NAH19 April 2022Ms Jingsheng LIU (resigned with effect from 16 October 2024)20 May 2019 (effective on 22 October 2019)Ms Wei-Lin KWEE (retired at the AGM held on 31 May 2024)25 May 2022Ms Jingsheng Liu resigned as Independent Non-executive Director with effect from 16 October 2024. Dr Kwok Hung Justin Chiu as Non-executive Director and Ms Wei-Lin KWEE as Independent Non-executive Director retired at the AGM held on 31 May 2024. Mr Hwee Chiang Lim retired with effect from 21 January 2025. Saved as aforesaid, there was no other change of Directors of the Company during the year ended 31 December 2024 and up to the date of this report.Biographical details of the Directors and senior management of the Company are set out in the sections headed %u201cBoard of Directors%u201d and %u201cGroup Leadership Team and Business Leadership Team%u201d respectively on pages 44 to 51 of this annual report.In accordance with article 108(a) of the Articles of Association of the Company, at each annual general meeting onethird of the Directors for the time being, or, if their number is not three or a multiple of three, then the number nearest to but not less than one-third, shall retire from office by rotation provided that every Director (including those appointed for a specific term) shall be subject to retirement by rotation at least once every three years. A retiring Director shall be eligible for re-election. The Company at the general meeting at which a director retires may fill the vacated office.