New Frontier Healthcare Announces Appointment of Lawrence Chia to Board of Directors

BEIJING–(BUSINESS WIRE)–New Frontier Health Corporation (“NFH” or “the Company”) (NYSE: NFH), operator of the premium healthcare services provider United Family Healthcare (UFH), today announced that Mr. Lawrence Chia has been appointed an independent director of the Company’s board of directors (the “Board”), effective March 31, 2020.

Mr. Lawrence Chia is currently the CEO of the Samling Group of Companies, which has businesses in automobiles, properties, timber, infrastructure, oil palm, oil, and gas, with operations in a number of countries globally. Prior to joining Samling, Lawrence was previously the CEO of Deloitte China, and was on the Deloitte Touche Tohmatsu Limited (DTTL) Executive Committee based in New York and the DTTL Asia Pacific Executive Committee based in Hong Kong. He also serves as an Independent Non-Executive Director of BC Technology Group Limited, a publicly listed company on the Hong Kong Stock Exchange. Mr. Lawrence is a Chartered Accountant of the Institute of Chartered Accountants in England and Wales and a member of the Hong Kong Institute of Certified Public Accountants.

“On behalf of the Board, I am delighted to welcome Lawrence to the team. His more than 30 years of executive leadership experience in financial advisory and corporate finance in Asia will be a great asset to the continued growth of NFH,” said Mr. Antony Leung, Chairman of NFH. “Furthermore, his appointment reflects our commitment to ensuring that we have a broad mix of skills and perspectives on NFH’s board. We look forward to benefiting from his expertise as we continue to make progress on our long-term strategic growth.”

About New Frontier Health Corporation

New Frontier Health Corporation (NYSE: NFH) is the operator of United Family Healthcare (UFH), a leading private healthcare provider offering comprehensive premium healthcare services in China through a network of private hospitals and affiliated ambulatory clinics. UFH currently has nine hospitals in operation or under construction in all four 1st tier cities and selected 2nd tier cities. Additional information may be found at www.nfh.com.cn.

Source: New Frontier Health Corporation

Contacts

Media
Wenjing Liu

Tel: +86-186-1151-5796

Email: liu.wenjing@ufh.com.cn

Investors
Harry Chang

Tel: +852-9822-1806

Email: harry@new-frontier.com

ICR, LLC

William Zima / Rose Zu

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Email: bill.zima@icrinc.com / rose.zu@icrinc.com