The Board of Directors of AEON Credit Service (Asia) Company Limited announced that with effect from 29 June 2023: Mr. Choi Ping Chung has been appointed as an Independent Non-executive Director, the chairman of the Strategy Committee and a member of the Nomination Committee of the
Company; and a strategy committee (Strategy Committee) has been established by the Board with its own written terms of reference. Mr. Choi, aged 64, is a seasoned professional in the financial service industry with over 40 years of regional and international experience. He is currently an independent non-executive director of PingAn OneConnect Credit Reference Services Agency (HK) Limited (a subsidiary of OneConnect Financial Technology Co. Ltd., which is listed on the Stock Exchange of Hong Kong Limited). For a total of over 10 years, he was first the managing director of TransUnion Limited and subsequently the chief executive officer of Joint Electronic Teller Services Limited (JETCO). He has previously held various senior management positions in charge of consumer and corporate banking, card association and payment businesses, and information technology, in entities and organizations such as DBS Bank (Hong Kong) Limited, Citibank, N.A., Visa Inc. and American Express Limited. Mr. Choi graduated from Hong Kong Chu Hai College with a Bachelor of Business Administration degree, and holds an Executive Master of Business Administration degree from Southern Illinois University Carbondale, Illinois, USA. He is an associate member of the Chartered Institute of Marketing. Establishment of Strategy Committee: Primarily to assist the Board in creating greater value to the stakeholders of the Company and its subsidiaries through (i) more informed medium and long-term strategic planning and development; and (ii) more systematic review, evaluation and supervision of the implementation of strategic plans, with effect from 29 June 2023, the Board has established the Strategy Committee as an additional Board committee with its own written terms of reference. Members of the Strategy Committee currently comprise Mr. Tomoharu Fukayama and Mr. Lee Ching Ming Adrian, with Mr. Choi Ping Chung as its chairman. On appointment as a member of the Strategy Committee, Mr. Lee Ching Ming Adrian ceased to be a member of the Audit Committee and the Nomination Committee of the Company.