Finsoft Financial Investment Holdngs : CHANGE OF NON-EXECUTIVE DIRECTOR

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FINSOFT FINANCIAL INVESTMENT HOLDINGS LIMITED ිৌږፄҳ༟છٰϞࠢʮ̡*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8018)

CHANGE OF NON-EXECUTIVE DIRECTOR

The Board wishes to announce that with effect from 9 October 2018:

• (1) Mr. Ng has resigned as a non-executive Director; and

• (2) Mr. Lo has been appointed as a non-executive Director.

RESIGNATION OF NON-EXECUTIVE DIRECTOR

The board ("Board") of directors ("Directors", and each, a "Director") of Finsoft Financial Investment Holdings Limited ("Company", together with its subsidiaries, "Group") wishes to announce that with effect from 9 October 2018, Mr. Ng Wing Cheong Stephen ("Mr. Ng") has resigned as a non-executive Director due to his other commitments which require more of his time.

Mr. Ng has confirmed that he did not have any disagreement with the Board and that there were no matters in relation to his resignation as a non-executive Director that need to be brought to the attention of The Stock Exchange of Hong Kong Limited ("Stock Exchange") or the shareholders of the Company.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Ng for his invaluable contribution to the Company during his term of service.

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The Board also announces that with effect from 9 October 2018, Mr. Lo Yu Man ("Mr. Lo") has been appointed as a non-executive Director.

The biographical details of Mr. Lo are set out below:

Mr. Lo, aged 35, obtained his bachelor of music from The University of Manchester in September 2007. Mr. Lo is the founder of Yowin Human Resources Company, which has been

*For identification purposes only

engaged in the human resources business since December 2017. He has worked with Venetian Cotai Hotel Management Limited and its affiliates and related entities from August 2013 to April 2016 and from November 2016 to October 2017, with his last position as associate in the market development department.

In accordance with the letter of appointment made between Mr. Lo and the Company, Mr. Lo has been appointed for a term commencing from 9 October 2018 to 31 December 2018 (both days inclusive) unless terminated by no less than one month's notice in writing served by either party on the other and is subject to retirement by rotation and re-election and other related provisions as stipulated in the articles of association of the Company and the Rules ("GEM Listing Rules") Governing the Listing of Securities on GEM ("GEM") of the Stock Exchange. Mr. Lo is entitled to a monthly director's fee of HK$23,000, which is determined by the Board, under the recommendation from the remuneration committee of the Company, with reference to his background, qualifications, experience, duties and responsibilities within the Group and the prevailing market conditions.

Save as disclosed above, as at the date of this announcement, Mr. Lo:

(i) has not held any other major appointments and professional qualifications or directorships in other listed companies in the last three years;

• (ii) does not have any relationships with any Directors, senior management, substantial or controlling shareholders (both having the meaning ascribed to them in the GEM Listing Rules) of the Company;

• (iii) does not hold other positions with the Company or other members of the Group; and

• (iv) is not interested in any shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, there is no further information required to be disclosed pursuant to the requirements of Rules 17.50(2)(h) to (v) of the GEM Listing Rules and there are no other matters relating to the appointment of Mr. Lo that need to be brought to the attention of the Stock Exchange or the shareholders of the Company.

The Board would like to take this opportunity to welcome Mr. Lo to join the Company.

On behalf of the Board

Finsoft Financial Investment Holdings Limited

Mr. Chan Wai Lung

Chairman

Hong Kong, 9 October 2018

As at the date of this announcement, the Board consists of Mr. Chan Wai Lung being an executive Director and the chairman of the Board, Ms. Lam Ching Yee, Ms. Lin Ting and Mr. Shi Shaowu being the executive Directors, Mr. Lo Yu Man being the non-executive Director, and Mr. Lam Kai Yeung, Ms. Lee Kwun Ling, May Jean and Mr. Zhong Shi being the independent non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the "Latest Company Announcements" page of the website of GEM atwww.hkgem.comfor a minimum period of seven days from the date of its publication and on the Company's website atwww.finsofthk.com.