AEM Holdings Ltd. announced appointment of Andre Andonian as Independent Director, Chairman of Nominating Committee and member of Strategy Committee. The Board of Directors having reviewed and considered the capabilities, qualifications, experience of Mr. Andre Andonian, strongly believe that he will be able to provide valuable insights and contribute effectively to AEM. Working Experience: McKinsey & Company: - January 2021 to Present: Managing Partner, South Korea & Chairman, Japan - January 2016 to December 2020: Managing Partner, Japan - September 2010 to April 2016: Founder & Global Leader, Advanced Industries Sector - July 2005 to June 2020: Member of the Shareholders Council (Global Board of Directors) (multiple terms).

Professional Qualifications: Master of Business Administration - MBA (Distinction), Fullbright Scholar, The Wharton School of the University of Pennsylvania - Master's and Bachelor's Degrees Summa Cum Laude - Social, Economics, and Management Sciences, University of Economics Vienna - Bachelor's in TeleCom Engineering & Electronics with Distinction, Federal Engineering College Moedling. Appointment Date: July 1, 2022.