The board of directors of DL Holdings Group Limited announced that Mr. Wang Yidingis appointed as a non-executive Director with effect from 21 November 2023. Mr. Wang, aged 40, has over 16 years of experience in the finance industry across public and private markets. He was representative at Goldman Sachs (Asia) L.L.C. from April 2010 to March 2012.

He served at CSOP Asset Management Limited, a company licensed by the Securities and Futures Commission for Type 1 (dealing with securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the Securities and Futures Ordinance (the "SFO"), from April 2012 to August 2016, with his last position being a deputy chief marketing officer. He served as a managing director at CMB International Asset Management Limited from June 2017 to January 2022. He is currently a partner at Tiger Jade Capital, a private equity fund focused on global healthcare industry and the senior corporate strategy advisor at Suzhou Tiantongweishi Electronic Technology Co.

Ltd., a China-based startup that specializes in developing vision systems for autonomous vehicles. Mr. Wang obtained a bachelor's degree in economics from Tsinghua University in July 2006. The Board is also pleased to announce that Mr. Li Xiaoxiao is appointed as an independent non-executive Director with effect from 21 November 2023.

Mr. Li, aged 35, obtained his bachelor's degree in accounting from the University of Southern California in August 2010. Mr. Li is a certified public accountant in the State of New York. Mr. Li has years of experience in the financial services industry.

He served at China Cinda (HK) Holdings Company Limited from July 2016 to November 2020 with his last position being an executive director. He served as a managing director at a private equity fund licensed by the Securities and Futures Commission for Type 1 (dealing with securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO, from November 2020 to November 2023. He is the founding partner of Pilot Capital Holdings Limited since October 2023.

The Board announces that Mr. Li has been appointed as a member of the nomination committee of the Company and a member of the remuneration committee of the Company with effect from 21 November 2023.