The board of directors of Kingwisoft Technology Group Company Limited announced that Mr. Hu Shilong has been appointed as an executive Director and the chief executive officer of the Company with effect from 7 November 2023. Ms. ZHOU Fang (``Ms. ZHOU'') has been appointed as an executive Director of the Company with effect from 7 November 2023. The biographical details of Mr. HU and Ms. ZHOU are set out as follows:- Mr. HU Shilong Mr. HU, aged 42, is the sole director of the Offeror and a director of KingNine Holdings Limited and DaLian Kingwisoft Technology Co.

Ltd. He is also a shareholder holding approximately 32.91% shareholding interest in DaLian Kingwisoft as at the date of this announcement. He joined DaLian Kingwisoft in January 2014 and has acted as the legal representative since October 2015. Prior to joining DaLian Kingwisoft, Mr. HU served as the manager of operating centre of Shanghai Hewlett-Packard Co.

Ltd. (Dalian Branch) from July 2004 to September 2008. From September 2008 to November 2013, Mr. HU served as the China regional sales director of Neusoft Cloud Technology Co. Ltd. (previously known as Neusoft IT Service Co.

Ltd. In 2019, Mr. HU was included as a scientific and technological innovation and entrepreneurship talent in the Innovative Talents Promotion Program of the Ministry of Science and Technology of the People's Republic of China. Mr. HU was honoured as an Excellent Entrepreneur in Liaoning Province in 2020 and one of the 20th anniversary Outstanding Entrepreneur in Liaoning's Software Industry. In 2022, Mr. HU was honoured as a leading talent in China's digital services and service outsourcing, and a high-level talent (leading talent) in Dalian city.

He has more than a decade of marketing and management experience in multinational IT companies. Mr. HU obtained his bachelor's degree in Japanese from Liaoning Normal University in 2004. Ms. ZHOU Fang: Ms. ZHOU, aged 39, is holding approximately 9.47% shareholding interest in DaLian Kingwisoft through FUNGHWA Ltd. (which is wholly owned by Ms. ZHOU) as at the date of this announcement.

She has been the president of Dalian Kingwisoft since November 2013. Prior to joining DaLian Kingwisoft, Ms. ZHOU served as the assistant to the China regional sales director of Neusoft Cloud Technology Co. Ltd. (previously known as Neusoft IT Service Co.

Ltd. from December 2009 to December 2013. From May 2007 to December 2009, Ms. ZHOU served as the head of business department of DaLian First HI- TE.Enterprise H.R. Service Co. Ltd. Ms. ZHOU obtained her Executive MBA from Guanghua School of Management, Peking University in 2021.