The board of directors (the 'Board') of Momentum Financial Holdings Limited (the 'Company') announced that Mr. Li Guang Jian ('Mr. Li') has resigned as an independent
non-executive director, the chairman of the Nomination Committee, a member of the Remuneration Committee and a member of the Audit Committee of the Company with effect from 6 June 2022 due to his decision to devote more time to his other commitments and engagements.