Hotung Investment Holdings Limited announced that the Chief Executive Officer, Audit Committee and Remuneration Committee of the Company have reviewed and considered Mr. Hsieh-Ho Chen's qualifications and work experience and recommended Mr. Hsieh-Ho Chen as the Company's Chief Financial Officer. The Board of Directors of the Company has approved this appointment taking into consideration the recommendations of the Audit Committee and Remuneration Committee of the Company. Appointment Date is April 25, 2024.

The appointment is executive in nature. Mr. Hsieh-Ho Chen will be in charge of all accounting and financial management of the Group as the Chief Financial Officer of the Group. He will also oversee all sustainability matters and play a leading role in managing the Group's Environmental, Social and Governance (ESG) affairs as the Chief Sustainability Officer of the Group.

Working Experience: June 2021 - February 2024 Vice President of Management Group /Homeplus Digital Co. Ltd. Lead Management functions, including Human Resources, Office Administration, Procurement, Legal and Compliances, Customer Care, and Information Technology. November 2020 - April 2021 Executive Director /Houshi Assets Management Company Limited Build M&A Private Equity Fund team and internal evaluation process.

September 2015 - May 2020 CFO /Taiwan Star Telecom Corporation Limited Lead Finance & Accounting group April 2011 - August 2015 Senior Finance Director /Motech Industries Inc. Supervised Finance Department and Business Management Department. Other DirectorShips (Past): New Visual Wave Cable Communications Co. Ltd. /Executive Director Ga Ho Cable TV Co.

Ltd. /Executive Director Sky Digital Convergence Service Co. Ltd. /Executive Director Homeplus Digital Broadband Co. Ltd. /Non-Executive Director KBT Co.

Ltd. /Non-Executive Director Global Digital Media Co. Ltd. /Non-Executive Director Formosa Network Co. Ltd. /Non-Executive Director New Era Media Co.

Ltd. /Non-Executive Director Homeplus Digital Teleservices & Marketing Co. Ltd. /Non-Executive Director Prosperity CATV Corporation /Non-Executive Director Everlasting Cable TV Co. Ltd. /Non-Executive Director Wonderful Cable TV Co.

Ltd. /Non-Executive Director Liguan Cable TV Co. Ltd. /Non-Executive Director Telefirst Cable Communications Co. Ltd. /Non-Executive Director Suncrown CATV Co.

Ltd. /Non-Executive Director Twinstar CATV Co. Ltd. /Non-Executive Director Ching Lian Cable TV Co. Ltd. /Non-Executive Director Gang Du Cable TV Co.

Ltd. /Non-Executive Director Homeplus Digital Co. Ltd. /Non-Executive Director KHL V Venture Capital Co. Ltd. /Supervisor KHL II Venture Capital Co.

Ltd. /Supervisor KHL IV Venture Capital Co. Ltd. /Supervisor. Professional Qualifications: 1993 - 1995 Master of Business Administration major in Finance /National Sun Yat-sen University, Taiwan 1988 - 1992 Bachelor of Business Administration /National Taiwan University, Taiwan.