The Board of Dah Sing Financial Holdings Limited announced that Mr. Junji Mori has been appointed as a Non-Executive Director of the company and Mr. Yuichi Tashita has been appointed as an Alternate Director to Mr. Junji Mori with effect from 7 July 2022. Mr. Junji Mori (Mr. Mori) has been appointed as a Non-Executive Director of the company with effect from 7 July 2022. Mr. Mori, aged 46, has over 24 years of extensive experience in various areas in the banking industry.

Mr. Mori started his career with The Norinchukin Bank (Norinchukin) after his graduation from International Christian University where he attained a Bachelor Degree of Arts in Liberal Arts in 1998. He also holds a Master Degree of Business Administration from Ross School of Business, University of Michigan. Mr. Mori had assumed various senior positions in Norinchukin.

He was a Senior Vice President of Singapore Branch and a Senior Manager of Corporate Planning Division. From 2017 to 2019, he was a Senior Manager of Food & Agri Planning Division and subsequently took up a role as Deputy General Manager in April 2019. Mr. Mori has been appointed as General Manager of Food & Agri Planning Division since April 2022.

Mr. Mori has not entered into any service contract with the Company and is not appointed for a specific term, but his appointment shall be for an initial term up to the conclusion of the next annual general meeting, and he is eligible to stand for re-election. Furthermore, he will be subject to relevant provisions of retirement by rotation and re-election in accordance with the Company's Articles of Association. The director's fee payable by the company to Mr. Mori is HKD 320,000 per annum, which is determined by the Board with reference to the levels of director's fees paid by peer institutions in banking and financial services related businesses as well as the time expected of him in carrying out duties and responsibilities for the Group.

The director's fee is subject to review by the Board and/or the Nomination and Remuneration Committee of the company from time to time. Mr. Yuichi Tashita (Mr. Tashita) has been appointed as an Alternate Director to Mr. Junji Mori with effect from 7 July 2022. Mr. Tashita, aged 44, has over 22 years of extensive experience in various areas in the banking industry.

Mr. Tashita started his career with Norinchukin after his graduation from Nagoya University in 2000. Mr. Tashita had assumed various positions in Norinchukin responsible for treasury, securities operations and forex functions before his appointment as Senior Manager of Credit & Alternative Investment Division in July 2014. He was appointed as Senior Manager of Hong Kong (China) Representative Office of Norinchukin in June 2015 and Senior Manager of Project and Asset Finance Division in July 2017.

Mr. Tashita took up the role as Senior Manager of Fixed Income Investment Division in April 2019 and was appointed as Senior Manager of Markets Division in April 2021. Mr. Tashita has been appointed as Chief Representative of Hong Kong (China) Representative Office of Norinchukin since April 2022, responsible for liaison of investment activities of Norinchukin in China. There is no service contract between Mr. Tashita and the Company with respect to his appointment.

Mr. Tashita is not entitled to receive any fees from the Company. He will cease to be an Alternate Director if Mr. Mori ceases to be the Non-Executive Director of the Company.