DL Holdings Group Limited announced that with effect from January 10, 2022, Ms. Jiang Xinrong is re-designated as a non-executive Director and the honorary chairman of the Board of the Company and ceases to be the chairman of the nomination committee and a member of the remuneration committee; Mr. Chen Ningdi is appointed as the chairman of the Board of the Company, the chairman of the nomination committee and a member of the remuneration committee; Mr. Li Ren resigned as a non-executive Director of the Company; Mr. Lang Joseph Shie Jay is appointed as an executive Director of the Company; and Mr. Ai Kuiyu is appointed as an executive Director of the Company. Ms. Jiang Xinrong, aged 39, was appointed as an executive Director and Chairman of the Board with effect from 18 June 2019 and 28 February 2020 respectively up to 10 January 2022. Mr. Chen Ningdi, aged 43, was appointed as an executive Director and the Chief Executive Director on 28 February 2020 and 27 March 2020 respectively.

Mr. Li has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation that needs to be brought to the attention of the Stock Exchange and/or the Shareholders. Mr. Lang Joseph Shie Jay, aged 34, joined DL Securities in April 2017 and he has become the chief executive officer in February 2020 and director of DL Securities in August 2020. Mr. Ai, Kuiyu, aged 38, is the chief marketing officer of the Company since February 2020.