The board of directors (Board) of eSun Holdings Limited announced that Mr. Cheung Sum, Sam (Mr. Cheung) will be appointed an executive director of the company (Executive Director) with effect from 1 August 2023. Mr. Cheung, aged 59, joined the Company as Group Chief Financial Officer on 13 July 2023. He was the chief financial officer of FTLife Insurance Company Limited from September 2019 to November 2020, the chief financial officer and vice president of Agile Group Holdings Limited from July 2013 to May 2019, an Executive Director from March 2011 to August 2012, and an executive director of each of Lai Sun Development Company Limited (LSD) and Lai Fung Holdings Limited (LFH) from March 2011 to August 2012 and from June 2007 to October 2009.

Save for FTLife, the issued shares of all aforesaid companies are listed and traded on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Exchange). Mr. Cheung has not held any directorship in listed public companies in Hong Kong or overseas in the last three years. Prior to joining the Lai Sun Group in 2006, Mr. Cheung worked for a number of other listed companies and international investment banks in Hong Kong.

He has extensive experience in capital markets and financial management. Mr. Cheung graduated from the London School of Economics and Political Science, University of London with a Bachelor of Science (Economics) degree in Accounting and Finance. He is a fellow member of the Association of Chartered Certified Accountants in the United Kingdom and the Hong Kong Institute of Certified Public Accountants (HKICPA).

The board is also announced that Mr. Poon Kwok Hing, Albert (Mr. Poon) will be appointed an independent non-executive director of the Company (INED) with effect from 1 August 2023. Mr. Poon, aged 62, is currently an independent non-executive director of Shaw Brothers Holdings Limited. He was an independent non-executive director of each of Media Asia Group Holdings Limited from April 2020 to April 2023, Greater Bay Area Dynamic Growth Holding Limited from March 2007 to October 2022 and Master Glory Group Limited from February 2007 to December 2020.

Mr. Poon graduated from the University of Bath, United Kingdom with a Master of Science degree in Business Administration. He is a member of the HKICPA and a member of the CPA Australia. The board further announces that Mr. Cheung will also be appointed as a member of each of the executive committee of the Company (Executive Committee), the Nomination Committee and the Remuneration Committee with effect from 1 August 2023.