Hotung Investment Holdings Limited announced that as stated in the Notice of Annual General Meeting of 23 April 2024 issued by the Company, Mr. David Chong, PBM was proposed for appointment as Director of the Company by the Board in accordance with Bye-law 97 of the Bye-laws of the Company. Pursuant to Bye-law 97 of the Bye-laws of the Company, such proposed appointment of Mr. David Chong, PBM as Director of the Company was subject to approval by shareholders in general meeting. The Nominating Committee of the Company had reviewed the curriculum vitae of Mr. David Chong, PBM and has delivered its recommendation through the Board.

Shareholders of the Company have since approved such appointment at the Annual General Meeting of the Company held earlier on 23 April 2024. Title is Non-Executive Director and Member of Audit Committee. Working Experience is 2006 - Present Partner of Shook Lin & Bok LLP.

Conflict Of Interest is Mr. David Chong, PBM is a partner of Shook Lin & Bok LLP ("SLB"). One of his fellow partners provides legal advisory services to the Company although the annual fee revenue received by SLB is not material. Other DirectorShips Present is Singapore International Foundation /Non-Executive Director Catholic High School /Non-Executive Director Shook Lin & Bok LLP /Partner, Head of Corporate Practice and member of Executive Committee.

Director Experience details that the Company will arrange for Mr. David Chong, PBM to attend training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange. Professional Qualifications is 2003 Solicitor, England & Wales 1999 Advocate & Solicitor /Supreme Court of Singapore 1997 - 1998 DipSing Law /National University of Singapore 1994 - 1997 B.A. (Hons) /Cambridge University, U.K.