Infinity Financial : Change in Directors or of Important Executive Functions or Responsibilities

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(Incorporated in Bermuda with limited liability)

(Stock Code: 1152)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board would like to announce that with effect from 15 September 2017 Mr. Zhang Hua has been appointed as independent non-executive director, the chairman of the nomination committee, a member of the audit committee and a member of the remuneration committee of the Company.

APPOINTMENT OF NEW DIRECTOR

The Board is pleased to announce that with effect from 15 September 2017, Mr. Zhang Hua has been appointed as independent non-executive director, the chairman of the nomination committee, a member of the audit committee and a member of the remuneration committee of Infinity Financial Group (Holdings) Limited (the ''Company'').

Mr. Zhang Hua (''Mr. Zhang'') aged 55, is an independent non-executive director of the Company. Mr. Zhang is a Bachelor of Engineering from Tianjin University and Master of Business Administration and Ph.D in Finance from McGill University.

Mr. Zhang has in-depth financial knowledge. He was the finance professor in McGill University. He has been teaching finance in The Chinese University of Hong Kong since 1993. His current teaching and research focus is on corporate financial management, capital markets, financial derivatives, bond markets and risk management. He has published over 20 research papers in international journals, including ''Journal of Banking and Finance'', ''Journal of International Money and Finance'', ''Journal of Money, Credit and Banking'', ''Journal of Futures Markets'' and ''Pacific-Basin Finance Journal'', etc. and received outstanding paper awards in various international academic conferences.

Mr. Zhang also has extensive experience in senior management training. He has nurtured and developed talents for The Chinese General Chamber of Commerce, Ministry of Information Industry of the People's Republic of China, China Mobile and China Unicom in the areas of finance and management.

Mr. Zhang has entered into a letter of appointment with the Company pursuant to which his initial term of service shall commence from 15 September 2017. Mr. Zhang shall be entitled to receive a director's fee of HK$200,000 per year which was determined by the Board by reference to the duties and responsibilities undertaken by him as a director of the Company. In accordance with the bye-laws of the Company, Mr. Zhang will hold office until the next annual general meeting of the Company and will then be eligible for re-election; thereafter he will be subject to retirement by rotation at least once every three years at the annual general meetings of the Company since his last re-election.

Save as disclosed above, as at the date of this announcement, Mr. Zhang (i) does not currently hold any other position with the Company and its subsidiaries, (ii) does not have any relationship with any other Directors, senior management, or substantial or controlling shareholders of the Company, (iii) has not held any directorship in any public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years immediately preceding the date of his appointment, and (iv) does not have any interest in any shares, underlying shares and debentures of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, there is no information relating to Mr. Zhang to be disclosed pursuant to any of the requirements under Rules 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, and there are no other matters relating to the appointment of him as director of the Company that need to be brought to the attention of the shareholders of the Company.

The Board would like to welcome Mr. Zhang Hua to the Board.

By Order of the Board

Infinity Financial Group (Holdings) Limited Yu Xueming

Chairman

Hong Kong, 15 September 2017

As at the date of this announcement, the Board of Directors comprises four executive Directors, namely, Mr. Yu Xueming (Chairman), Mr. Yu Chuanfu (Chief Executive Officer), Mr. Zheng Qiang and Mr. Ng Hoi, and three Independent Non- executive Directors, namely, Mr. Ho Man, Mr. Yeh Tung Ming and Mr. Zhang Hua.