Hong Kong Finance Investment : SUPPLEMENTAL ANNOUNCEMENT ON RE-DESIGNATION OF DIRECTOR

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in Bermuda with limited liability)

(Stock Code: 7)

SUPPLEMENTAL ANNOUNCEMENT ON

RE-DESIGNATION OF DIRECTOR

Reference is made to the announcements (the "Announcements") of Hong Kong Finance Investment Holding Group Limited (the "Company") dated 16 July 2020 in relation to the re-designations of executive directors. Capitalised terms used herein shall have the same meanings as those defined in the Announcements, unless otherwise stated.

Messrs. Chui Say Hoe and Ren Qian were re-designated from executive directors of the Company to consultants of the Company with effect from 16 July 2020 due to their personal engagements requiring more of their times and dedications which may affect their time commitments to the Company.

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Messrs. Chui and Ren have confirmed that (i) they have no claims against the Company in respect of his resignation; (ii) they have no disagreement with the Board; and (iii) there is no matter in relation to their resignations that need to be brought to the attention of the shareholders of the Company.

By order of the Board

Hong Kong Finance Investment Holding Group Limited

Fu Wing Kwok Ewing

Company Secretary

Hong Kong, 29 July 2020

As at the date of this announcement, the Honorary Chairman and Senior Consultant of the Company is Dr. Yukio Hatoyama; the senior consultants of the Company comprise Dr. Wang Tao, Mr. Fu Chenyu and Mr. Lalaharisaina Joelivalerien; the board of directors comprises eight executive Directors, namely, Dr. Hui Chi Ming, G.B.S., J.P., Mr. Neil Bush, Mr. Chen Mailin, Mr. Cao Yu, Mr. Xu Jun Jia, Mr. Lam Kwok Hing, M.H., J.P., Mr. Nam Kwok Lun and Mr. Hui Ngok Lun; and four independent non-executive Directors, namely, Mr. Ngan Kam Biu, Stanford, Mr. Tam Chak Chi, Mr. Ma Kin Ling and Mr. Chow Kin Wing.

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