The board of the directors (the "Board") of Golden Faith Group Holdings Limited hereby announced that Mr. Chan Cho Chak has resigned as (i) executive director; (ii) chief financial officer; (iii) company secretary; (iv) chairman of the risk management committee; (v) chairman of the remuneration committee; (vi)a member of nomination committee of the Company; (vii) an authorised representative of the Company for the purpose of Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and (viii) an authorized representative of the Company in Hong Kong as required under Part 16 of the Companies Ordinance (Chapter 622 of the laws of Hong Kong) with effect from 1 May 2023. The Board also announced that Mr. Li Kar Fai Peter has resigned as a non-executive Director with effect from 1 May 2023. Mr. Chan and Mr. Li have tendered their resignations from their above positions due to their other career commitments which require more of their attention.

The Board further announced that, with effect from 1 May 2023, Ms. Ko Yung Lai Jackie, the Chief Executive Officer and the Executive Director, has been appointed as (i) company secretary; (ii) a member of the risk management committee; (iii) a member of the remuneration committee; (iv) a member of the nomination committee of the Company; (v) an authorized representative of the Company for the purpose of Rule 3.05 of the Listing Rules and (vi) an authorised representative of the Company in Hong Kong as required under Part 16 of the Companies Ordinance. Mr. Ng Man Li, the independent non-executive Director, has been appointed as (i) the chairman of the risk management committee and (ii) the chairman of the remuneration committee.