China Vered Financial Holding Corporation Limited announced that Following the resignation of Ms. Lin Le as an executive Director and the chairperson of the Board, Ms. Du, an executive Director, has been appointed as the chairperson of the Board with effect from 22 March 2024. Ms. Du, aged 35, has served as the chief financial officer of Beijing Yingzhongxianghe Group Company Limited since July 2019. Prior to that, she worked as the chief financial officer of Beijing Eighty One Investment Co. Ltd. from March 2014 to June 2019. Ms. Du obtained a bachelor's degree in business administration from Pace University in May 2011. With effect from 22 March 2024, Ms. Zhou has resigned as an independent non-executive Director, the chairman of the Audit Committee, a member of the Remuneration Committee and the Nomination Committee in order to devote more time to her other business
commitments. She has confirmed that (i) she has no disagreement with the Board and (ii) there are no matters relating to her resignation that need to be brought to the attention of the holders of securities of the Company and the Stock Exchange. The Board would like to take this opportunity to express its sincere gratitude to Ms. Zhou for her valuable contributions to the Company during her tenure of office. CHANGE OF COMPOSITION OF THE REMUNERATION COMMITTEE, NOMINATION COMMITTEE AND AUDIT COMMITTEE With effect from 22 March 2024: Mr. Sun, Mr. Ko and Mr. Wong have been appointed as members of the Remuneration
Committee, Nomination Committee and Audit Committee; Mr. Cheng, who has been a member of the Remuneration Committee, has been appointed as the chairman of the Remuneration Committee; and Mr. Wong has been appointed as the chairman of the Audit Committee.