The board of directors of Future Data Group Limited announced the following changes with effect from 17 April 2024: Re-designation of Ms. Tao Hongxia as the non-executive Director. Ms. Tao Hongxia (?Ms. Tao?), aged 50, is an executive Director (?ED?) and the Chairlady of the Board. She has been the ED and the Chairlady of the Board since 31 October 2022.

Ms. Tao has been re-designated as a non-executive Director with effect from 17 April 2024. Following the re-designation, Ms. Tao will remain the Chairlady of the Board. Ms. Tao obtained her bachelor's degree from Southwest Institute of Technology in Chongqing of the People's Republic of China (the ?PRC?) in June 1996.

Ms. Tao has extensive experience in supply chain-related and real estate-related multi-industry management. She had served in a number of companies, including Jinke Property Group Co. Ltd. with her last position being the person in charge of the procurement centre, Chongqing Hongtao Culture Media Co.

Ltd. as the chairlady of the board of directors, Chongqing Hongtai Real Estate Co., Limited as the cooperative resources general manager, Chongqing Jianglong Construction Group as the general manager of the cost control department and Chongqing City Hongtao Investment Company Limited as the chairlady of the board of directors. Ms. Tao was the executive director, general manager and legal representative of Chongqing Hongtao Network Technology Co. Ltd. Appointment of as Mr. Cheung Ting Pong as the Vice Chairman of the Board of the Company.

Mr. Cheung Ting Pong (?Mr. Cheung?), aged 44, has been appointed as the ED since 16 May 2023. Mr. Cheung has been appointed as the Vice Chairman of the Board with effect from 17 April 2024. After the appointment, Mr. Cheung is responsible for advising on the overall strategic planning for the Group.

Mr. Cheung will oversee the operation of the Group and will also be responsible for devising business strategies, driving innovations and fostering partnership with all stakeholders. Mr. Cheung is currently a member of each of the remuneration committee and the nomination committee of the Company; the director of the Company's wholly owned subsidiaries, namely Future Data China Holdings Limited, Future Data Space Limited, FD Digital Investment Holdings Limited and Future A.I. Technology Limited; the director of the Company's indirect wholly owned subsidiaries, namely Future Data Custody Limited, Future Data Space Technology Limited, Data Space Investment Limited, Digital Development Holdings Limited, Future Innovation Technology Holdings Limited, Future Interactive Technology Holdings Limited, and; the director of the Company's indirect subsidiaries, namely Hunter Digital Limited and Prosper Long Limited. Mr. Cheung has over 17 years of experience in financial operations.

He obtained a bachelor's degree in business administration (accountancy) from the City University of Hong Kong and a master's degree in business administration from the University of Manchester in the United Kingdom. He is a fellow member of the Institute of Chartered Accountants in England and Wales, and a fellow member of Hong Kong Institute of Certified Public Accountants. Appointment of Sir Daniel Wai Yee Tai as a Group Managing Director of the Company (Asset Management) of the Company.

Sir Daniel Wai Yee Tai, (?Sir Wai?), aged 46, has been appointed as the Group Managing Director (Asset Management) of the Company (Asset Management) with effect from 17 April 2024. Sir Wai is mainly responsible for the Group's development of asset management business in the Greater China. Sir Wai has approximately 20 years' working experience and extensive knowledge in the field of private banking, and wealth management in Singapore.

Sir Wai obtained a bachelor's degree in Economics (major in Banking and Finance) at University of London (External) in 1999. Sir Wai is currently working for family office management in Hong Kong in particular managing the ultra high net-worth individual client in Asia and high net-worth family trust, legacy planning and insurance. Sir Wai has been an executive director of private wealth management, institutional equity division of Morgan Stanley Asia Limited, focus on serving ultra-high net worth individuals, corporates and institutions from 2015 to 2017 and from 2003 to 2015, Sir Wai worked in Citibank Singapore Limited, with the latest position of elite plus relationship manager of global consumer bank.

Change of Joint Company Secretary: The Board announced that, with effect from 17 April 2024, Mr. Cheung has resigned as joint company secretary of the Company and Mr. Pang Kai Cheong has been appointed as joint company secretary of the Company to act jointly with Ms. Cheung Yuet Fan, the current joint company secretary of the Company. Mr. Pang holds a Master's Degree of Business Administration, a Bachelor's Degree in Business Administration in Corporate Administration and is an associate member of the Hong Kong Chartered Governance Institute. Mr. Pang worked in various listed companies and has over 10 years of working experience in corporate secretarial and accounting matters.