The board of Winto Group (Holdings) Limited announced that Ms. Liu Xiaomin ("Ms. Liu") will be appointed as an independent non-executive Director, a member of the Audit Committee, a member of the Remuneration Committee, a member of the Nomination Committee and a member of the Corporate Governance & Risk Management Committee of the Company with effect from 12 March 2024. Ms. Liu, aged 36, she has over 10 years of experience in banking and capital management. She obtained a master degree in business administration from Heriot-Watt University in 2023 and a bachelor degree in property management from Jinan University in 2012.

She obtained the qualification certificate of fund practitioners and securities practitioners in PRC. Ms. Liu has been working as senior wealth advisor of Zhongrong International Trust Co. Ltd. since March 2019, she is responsible for serving individual high-net-worth, private enterprises, insurance companies and state-owned enterprises in the allocation of capital management.

She worked as securities affairs manager of Shenzhen Zhouming Technology Co. Ltd. from 2023 to 2024. She was responsible for supervising and managing the company's securities affairs, including but not limited to, securities issuance, domestic and foreign listings and equity financing.

She also worked as VIP wealth manager of Ping An Bank Co Ltd. Shenzhen Branch from March 2013 to February 2019, responsible for serving high-net-worth client. Ms. Liu has entered into a letter of appointment with the Company for a term of three years commencing on 12 March 2024 and is subject to retirement and re-election at general meetings in accordance with the Company's Articles of Association. Ms. Liu is entitled to a director's fee of HKD 90,000 per annum or such other sum as the Board and/or the Remuneration Committee may from time to time determine based on her background, experience, duties and responsibilities with the Group and the prevailing market conditions.

The Board also announced that Mr. Lee Man Yeung ("Mr. Lee") has tendered his resignation as an independent non-executive Director, a member of the Audit Committee, a member of the Remuneration Committee, a member of the Nomination Committee and a member of the CG & RM Committee with effect from 12 March 2024 as Mr. Lee would like to devote more time to his other business commitment.