KVB Kunlun Financial Group Limited announced that Ms. Zhao Guixin (‘Ms. Zhao’) retired as an independent non-executive Director and ceased to be the chairman of the Nomination Committee and the Remuneration Committee as well as a member of the Audit Committee and the Corporate Governance Committee of the Company; Mr. Lin Wenhui (‘Mr. Lin’) retired as an independent non-executive Director and ceased to be the chairman of the Audit Committee as well as a member of the Nomination Committee, the Remuneration Committee and the Corporate Governance Committee of the Company; and Mr. Cornelis Jacobus Keyser (‘Mr. Keyser’) retired as an independent non-executive Director and ceased to be the chairman of the Corporate Governance Committee as well as a member of the Audit Committee, the Nomination Committee and the Remuneration Committee of the Company. The Board announced that Mr. Liu Stefan, an executive Director and the Chief Executive Officer of the Group, ceased to be a member of the Corporate Governance Committee with effect from 27 June 2019. The Board announced the following appointments with effect from 27 June 2019: Mr. Li Jiong (‘Mr. Li’), an existing non-executive Director, be appointed as the chairman of the Nomination Committee; Mr. Xu Jianqiang (‘Mr. Xu’), an existing non-executive Director, be appointed as the chairman of the Corporate Governance Committee; Mr. Yuan Feng (‘Mr. Yuan’), a newly appointed executive Director, be appointed as a member of the Remuneration Committee; Mr. Wu Jianfeng (‘Mr. Wu’), a newly appointed independent non-executive Director, be appointed as a member of the Audit Committee and the Remuneration Committee; Mr. Christopher Wesley Satterfield (‘Mr. Satterfield’), a newly appointed independent non-executive Director, be appointed as a member of the Audit Committee, the Nomination Committee and the Corporate Governance Committee; Ms. Hu Zhaoxia (‘Ms. Hu’), a newly appointed independent non-executive Director, be appointed as the chairman of the Audit Committee, as well as a member of the Corporate Governance Committee; and Mr. Jin Shaoliang (‘Mr. Jin’), a newly appointed independent non-executive Director, be appointed as the chairman of the Remuneration Committee, as well as a member of the Corporate Governance Committee and the Nomination Committee. The Board announced that Mr. Li has been appointed as the Chairman of the Board and Mr. Yuan as the Deputy Chief Executive Officer, both with effect from 27 June 2019. Currently, Mr. Yuan is senior vice president of planning and finance department of CITIC Securities Company Limited since April 2019. Mr. Wu served as a senior manager of information technology department, an executive manager of technology center, and as a deputy director of technology center and a director of technology development department of the Shanghai Stock Exchange from 2000 to 2014. Mr. Satterfield currently serves as an executive director and chief executive officer of China Post & Capital Global Asset Management Limited (‘CPG’) since September 2015, and is a registered responsible officer of CPG recognized by the Securities and Futures Commission for engaging in Type 1 (dealing in securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities. Mr. Satterfield is a chairman of China Post Global (UK) Limited and a director of EBA Investments (Advisory) Limited and RQSI Limited (‘RQSI’). He joined RQSI in September 1999, and had served as its president and chief operating officer. From 2012 to September 2015, Ms. Hu served as the chief financial officer of Zanhua (China) Equipment Leasing Co. Ltd. Mr. Jin worked in Ping An Insurance Group of China (‘Ping An’) from September 1992 to May 2017 and had held different positions in Ping An, namely director of international business department, general manager of Re-insurance department, deputy general manager of finance department, deputy general manager of strategy corporate department, director of the general actuary office, deputy general manager of strategic development department, investor relations officer, director of the board office and secretary of the board.