The board of directors of Wai Chun Group Holdings Limited to announced that Mr. Hung Hoi Ming Raymond has been appointed as an Independent Non-Executive Director of the Company, a member of the Company's Audit Committee, a member of the Company's Nomination Committee and a member of the Company's Remuneration Committee with effect from 16 June 2022. Mr. Hung, aged 41, has about 18 years of experience in corporate finance, listings, restructurings, mergers and acquisitions and investment. He graduated from York University in Toronto, Canada with a bachelor degree in information technology in 2005. Mr. Hung also obtained a master degree in global finance from the Hong Kong University of Science and Technology and the New York University Stern School of Business in 2011. Mr. Hung worked at various private and listed companies. He started off as an analyst at Joy Silver Limited in November 2005 and advised on a range of matters such as mergers and acquisitions. He served as the vice president of finance in Alpine Summit Energy Partners Inc. for the period from April 2013 to February 2016, during which he worked on matters such as restructurings. Mr. Hung joined China Success Finance Group Holdings Limited, a listed company in the Main Board of the Stock Exchange of Hong Kong Limited as an executive Director from September 2017 to September 2018. Prior to joining the Group, Mr.
Hung is currently an executive director of First Seafront International Capital Limited since August 2019. He was responsible for a number of duties, including facilitating overseas mergers
for PRC enterprises. Save as disclosed above, Mr. Hung did not hold any directorship in other listed companies or any position with the Company in the three years preceding the date of this announcement. Mr. Hung does not have any relationship with any Directors, senior management, substantial or controlling shareholders of the Company. As at the date of this announcement, Mr. Hung does not have any interest in the share and/or underlying shares of the Company or its associated cooperation within the meaning of Part XV of the Securities and Futures Ordinance. Mr. Hung has entered a letter of appointment as Independent Non-executive Director of the Company for an initial term of two years commencing from 16 June 2022 subject to the provision of retirement and rotation of Directors under the Company's Articles of Association.