The Board of Australian Dairy Nutritionals Ltd. announced that Mr. Qing (Scott) Lai has been appointed as a director of the Company effective 7 August 2023. Lai brings strong financial market knowledge and an extensive network of more than 1,000 corporate and high net worth investors to the Group. He also has a strong track record of establishing and growing innovative businesses in highly regulated sectors including financial services and energy markets with demonstrated skills managing teams of more than 100 employees.

In 2017 Mr. Lai founded IJ Financial Services Pty Ltd. and has grown this business to be a preeminent leader in the fund investment and mortgage loan industry in Queensland with a specific focus on the Chinese market. He spearheads the development, communication and implementation of effective growth strategies to ensure operations are efficient and scalable. He also drives business development initiatives including sourcing and managing new investments and creating opportunities aligned with strategic and financial objectives.

Mr. Lai holds a Bachelor of Commerce (Banking, Finance and Risk Management) and a Master of Commerce (Professional Accounting) from Griffith University. He has also been a member of the Financial Education Professionals Pty Ltd. since 2019.