The board of directors of SunCorp Technologies Limited announced that Mr. Tong Hei Ming Andrew ("Mr. Tong") has been appointed as an executive Director with effect from 6 July 2023. Mr. Tong, aged 66, graduated from The London School of Economics and Political Science in 1979. Mr. Tong was a former committee member of the Asset Management Association of China and is currently a member of the Hong Kong Securities Association.

Mr. Tong has extensive experience in securities, fund operations and asset management. During the past 40 years, he was employed as key positions in multiple large international banks and fund management companies, including but not limited to, Hong Kong and Japan branches of Citibank, Hong Kong and Australia branches of Lehman Brothers Holdings Inc., Japan branch of JP Morgan, Standard Chartered Bank, BNP Paribas Asset Management and UBP Asset Management Asia Ltd. Mr. Tong has not entered into a service agreement with the Company but he is subject to re- election in accordance with the bye-laws of the Company. He is entitled to director's remuneration of HKD 20,000 per month, which is determined with recommendation of the remuneration committee of the Company with reference to his duties, responsibilities, qualifications, experiences and the prevailing market conditions.