The Board of Directors of Dah Sing Financial Holdings Limited ("DSFH") and Dah Sing Banking Group Limited ("DSBG") jointly announce that Mr. Cristo Chi-Leung Chow ("Mr. Chow") has been appointed as the Chief Financial Officer of DSFH, DSBG and Dah Sing Bank, Limited ("DSB") (DSBG and DSB are subsidiaries of DSFH) with effect from 17 June 2021. Mr. Chow will be responsible for the financial management and control functions of DSFH and its subsidiaries. Mr. Chow, aged 54, has over 25 years of solid accounting and finance experience in the banking industry and had held various senior positions in financial institutions. He has extensive experience in financial and regulatory reporting and tax, financial control, capital management, budgeting, financial and business analysis. Following the appointment of the Chief Financial Officer as mentioned above, Mr. Gary Pak-Ling Wang ("Mr. Wang"), Executive Director of DSFH, DSBG and DSB, shall cease to act as the Group Chief Financial the Group Chief Financial Officer of DSB with effect from 17 June 2021.