IFAST : receives recognition in transparency and shareholder communication excellence at SIAS Investors’ Choice Awards 2021

FOR IMMEDIATE RELEASE

iFAST Corp receives recognition in transparency and shareholder communication excellence at SIAS Investors' Choice Awards 2021

SINGAPORE (13 October 2021) - iFAST Corporation Ltd. ("iFAST Corp" or together with its subsidiaries, the "Group") is pleased to share that it has been awarded Runner-Up for both the "Most Transparent Company Award (MTCA) 2021 - Financials" and "Shareholder Communication Excellence Award (SCEA) 2021, Mid Cap Category" at the Investors' Choice Awards 2021 organised by the Securities Investors' Association Singapore (SIAS) on 12 October 2021.

"We are honoured to receive the recognition from SIAS. The awards are testament to our commitment to embracing our core values of integrity, innovation and transparency in upholding good corporate governance and sustainability practices, as well as effective communication with shareholders. At iFAST Corp, we have always focused on establishing open communications with all stakeholders as we believe this is the key to gaining their support in the long run," said Mr Lim Chung Chun, Chairman and CEO of iFAST Corp.

As a Fintech-driveninvestor-focused company, iFAST Corp constantly looks to enhance its corporate governance and investor engagement efforts through the innovative use of technology. This has led the company to take a step forward to be the first listed company in Singapore to hold its Annual General Meeting (AGM) in a hybrid format in April this year.

"iFAST Corp is pleased to be the first listed company in Singapore to conduct a hybrid AGM in April 2021 for our shareholders with features similar to a traditional AGM such as live voting, as well as a Q&A segment with both on-location shareholders and remote participants via two-way video function, enabling shareholders to pose their questions directly and in real-time to our Board and Management," shared Mr Jean Paul Wong, Director of Corporate Communications, iFAST Corp.

Other than live voting, shareholders were also able to appoint third party proxy (other than the Chairman) to attend the meeting and vote on their behalf. To better engage shareholders, iFAST Corp released its replies to questions pre-submitted by shareholders via SGX prior to its AGM.

Over the years, iFAST Corp has continuously worked on stepping up its corporate governance and investor engagement through various initiatives such as voluntary continuation of quarterly reporting; opening up its financial results briefing to shareholders, portfolio managers, analysts, and members of the media; as well as sharing webcast recordings of its financial results briefings and annual business updates, including the Questions and Answers segments, via the Group's Investor Relations website.

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The SIAS Investors' Choice Awards recognises excellence in companies adopting good corporate governance practices. According to SIAS, the association collaborated with NUS School of Business, Centre for Governance and Sustainability (CGS) to develop an investor-centric research for the selection of MTCA winners, which aims to recognise companies that have achieved excellence in their transparency and disclosure standard as well as shareholders' rights and equitable treatment. While the selection of SCEA winners saw SIAS coming together with NUS School of Business, CGS and Refinitiv to work on an investor-centric research, to recognise companies that have good corporate governance and sustainability practices and promote shareholder interests. Both the MTCA and SCEA are supported by the Singapore Exchange and endorsed by esteemed industry organisations and institutions.

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About iFAST Corp

iFAST Corp (stock code: AIY) is a wealth management Fintech platform, with assets under administration (AUA) of S$17.54 billion as at 30 June 2021.

Incorporated in the year 2000 in Singapore and listed on the SGX-Mainboard in December 2014, the Group is also present in Hong Kong, Malaysia, China and India. Through the years, the Group has built a well-established Fintech ecosystem connecting its product providers and clients.

iFAST Corp holds the requisite licences in the various jurisdictions it operates in to provide a wide range of products and services. As at end June 2021, the Group offers access to over 13,000 investment products including over 8,600 funds from over 270 fund houses, over 1,400 bonds, stocks and ETFs listed on the Singapore, Hong Kong and US stock exchanges, as well as services including online discretionary portfolio management services, research and investment seminars, Fintech solutions, and investment administration and transaction services.

The main business divisions of the Group include the Business-to-Consumer (B2C) division, the Business-to-Business (B2B) division, and the emerging Fintech Solutions/Business-to-Business-to-Consumer (B2B2C) model. The B2C platform, FSMOne.com (formerly known as Fundsupermart.com), is a multi-products transactional platform that caters to investors who prefer to do their own investments online. The B2B platforms cater to the specialised needs of more than 520 financial advisory companies, financial institutions, banks and internet companies with over 10,000 wealth advisers. iFAST Fintech Solutions, the emerging Fintech Solutions/B2B2C model, was launched in recent years to provide innovative and customisable Fintech solutions for the B2B clients and business partners to empower them with their own B2C Fintech capabilities.

The Group's mission statement is, "To help investors around the world invest globally and profitably".

For more information, please visit www.ifastcorp.com

Contacts:

Tan Chee Wei

1. 6505 4222ir@ifastfinancial.com

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