The board of directors of Infinities Technology International (Cayman) Holding Limited announced that Mr. Yan Chi Kwan has been appointed as an independent non-executive Director, a member of the audit committee of the Board and a member of the remuneration committee of the Board with effect from 19 February 2024. Mr. Yan Chi Kwan (Mr. Yan), aged 48, has over 23 years of experience in the area of business investment and asset management. He is the chief investment officer of Quam Plus International Financial Limited, a listed company on The Stock Exchange of Hong Kong Limited (the ``Stock Exchange'') (stock code: 952), since May 2018.

Prior to that, Mr. Yan was a chief investment officer of CMBC International Holdings Limited from March 2014 to April 2018. He was a head of business and product development of Shenwan Hongyuan Asset Management (Asia) Limited (formerly known as Shenyin Wanguo Asset Management (Asia) Limited) from November 2011 to November 2013 and a general manager of wealth management of Shenwan Hongyuan Securities (H.K.) Limited (formerly known as Shenyin Wanguo Securities (H.K.) Limited) from July 2012 to November 2013. He was a portfolio manager of Crown One Asset Management Limited from December 2010 to October 2011.

He also was a director of GIP Partners Limited from May 2008 to December 2010 and a director of SHK Fund Management Limited from February 2006 to April 2007. He was a vice president of Superfund Financial (Hong Kong) Limited from September 2004 to February 2006 and an assistant vice president of Legg Mason International Equities Limited (formerly known as Citigroup Asset Management Limited from January 2001 to September 2004. Mr. Yan obtained his Bachelor of Finance degree and a Master of Economics from The University of Hong Kong in 1998 and 2000, respectively.

He further obtained his Doctorate in Arts degree from the European Institute of Management and Technology in November 2023. He has been a Chartered Financial Analyst (CFA) charterholder since December 2004.