Huarong International Financial Holdings Limited announced that the was resolved by the Board that Dr. LAM, Lee G. will serve as an independent non-executive Director with effect from 1 September 2021. Dr. Lam, aged 61, is the Chairman of Hong Kong Cyberport, a member of the Committee on Innovation, Technology and Re-Industrialization, the Governance Committee of the Hong Kong Growth Portfolio, and the Development Bureau Common Spatial Data Advisory Committee of the Hong Kong Special Administrative Region Government, Convenor of the Panel of Advisors on Building Management Disputes of the HKSAR Government Home Affairs Department, a member of the Court of the City University of Hong Kong, the Open University of Hong Kong (OUHK) Lee Shau Kee School of Business and Administration International Advisory Board and the Tencent Finance Academy (Hong Kong) Advisory Board, Chairman of the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) Sustainable Business Network (ESBN), Vice Chairman of Pacific Basin Economic Council (PBEC), and a member of the Hong Kong Trade Development Council Belt and Road and Greater Bay Area Committee and the Sir Murray MacLehose Trust Fund Investment Advisory Committee. Dr. Lam has extensive international experience in corporate management, strategy consulting, corporate governance, direct investment, investment banking and asset management. Dr. Lam earlier served as a General Manager of Hongkong Telecom, Vice President and Managing Partner ­ Greater China of the international management consulting firm A.T. Kearney, President & CEO and Vice Chairman of the Board of Chia Tai Enterprises International Limited (now C.P. Lotus Corporation) of multinational conglomerate CP Group, Vice Chairman and COO of Investment Banking Division of BOC International Holdings, Executive Director of Singapore Technologies Telemedia (a member of Temasek Holdings), and Chairman ­ Hong Kong/Vietnam/Cambodia/Laos/Myanmar/Thailand and Senior Adviser ­ Asia, of Macquarie Capital, Non-Executive Chairman ­ Greater China and ASEAN Region and Chief Advisor ­ Asia, of Macquarie Infrastructure and Real Assets. The Board also announces that, to further strengthen the oversight functions of the audit committee and the risk management committee of the Company, and to balance the participation of independent non-executive Directors in the affairs of the Board, Dr. Lam will serve as a member of each of the Audit Committee and the Risk Management Committee of the Company with effect from 1 September 2021.