The board of directors of Xtep International Holdings Limited announced that with effect from 18 March 2025: Mr. Yeung Lo Bun (Mr. Yeung) has been appointed as an executive Director of the Company. Mr. Yeung Lo Bun, aged 47, joined the Group in September 2010 as group financial controller and was promoted to chief financial officer in September 2017. He was also the company secretary and authorized representative of the Company from September 2017 until June 2024.

During his tenure as chief financial officer of the Group, he has been responsible for the overall financial and accounting affairs, treasury, merger and acquisition, investor relations and company secretarial matters of the Group. He has over 20 years of experience in the field of audit, corporate finance and financial management. Mr. Yeung is a director of various subsidiaries of the Company.

Prior to joining the Group, Mr. Yeung worked for DaChan Food (Asia) Limited, a company listed on the Main Board of the Hong Kong Stock Exchange, from 2003 to 2010, where he last served as senior finance manager. He also worked for an international audit firm from 2001 to 2003. Mr. Yeung graduated from The University of Melbourne with a bachelor's degree in commerce in 2000.

He is a fellow member of the Hong Kong Institute of Certified Public Accountants.