Alpha Professional Holdings Limited announces that, with effect from 25 September 2023, Mr. Zhao Lei, an independent non-executive Director, has been re-designated as an executive Director and, as a result of his re-designation, he shall also cease to be a member of the audit committee and the chairman of each of the credit committee and the remuneration committee of the Company but shall remain as a member of each of the Credit Committee and the Remuneration Committee and the nomination committee of the Company. Mr. Zhao, aged 41, was appointed as an independent non-executive Director on 1 March 2023. Mr. Zhao holds a Master 's Degree in Finance and a Bachelor 's Degree in Information Management, both from the University of International Business and Economics in Beijing, the People 's Republic of China (the "PRC").

He is a Chartered Financial Analyst of the CFA Institute. Mr. Zhao has broad experience in asset management, corporate finance and investments and has previously worked for several companies in the PRC, Hong Kong and Singapore. He currently works as the Development Director at APAC Resources Limited which is listed on the Main Board of the Stock Exchange.

In addition to the abovementioned changes to the composition of Board committees, the Board also announces that with effect from 25 September 2023, Mr. Li Chak Hung, an independent non-executive Director, has been appointed as the chairman of the Credit Committee.