On February 7, 2018, Union Bridge Holdings Limited announced that Moana Ho resigned from her position as a director. Ms. Ho's decision to resign from the Company's Board of Directors (“Board”) does not arise from disagreement with the Company on any matter relating to the Company's operations, polices or practices. On February 7, 2018, the Board appointed Shan Ho, age 31, as a director of the Company, effective upon Ms. Ho's resignation.

Previously from 2013 to 2017 Mr. Ho served as a director and chief executive officer at 2377547 Ontario Inc. On February 7, 2018, Joseph Ho resigned from his position as Chief Financial Officer to devote more time to the strategic aspects of business but continues to serve as Chief Executive Officer, President and a director of the Company. On February 7, 2018, the Board appointed Kam Pang Chim as its Chief Financial Officer, effective upon Mr. Ho's resignation. Mr. Chim, age 40, will serve as the Company's principal financial officer and principal accounting officer.

Prior to joining the Company, from June 2016 to May 2017, Mr. Chim served as a financial consultant at CHIM Kam Pang CPA (practicing) firm. On February 7, 2018, the Board also appointed Felip Wai Lap Fai as Director for Business Development. Mr. Fai, age 48, has about 20 years of experience in marketing management gained in banking and financial services industries.

From 2010 to 2017, he led a team of relationship managers at Bank of China (Hong Kong) Limited, providing banking services to potential clients in Hong Kong and the People's Republic of China.