KOALA Financial Group Limited announced that Ms. Kwan Kar Ching ("Ms. Kwan") has been re-designated from an executive Director to a non-executive Director with effect from 1 September 2022, due to her wishes to devote more time to her personal commitments. She will remain as the chairlady of the Company and other current positions of the Group. Ms. Kwan, aged 32, was appointed as an executive Director and the chairlady of the Company in April 2015 and in June 2016 respectively.

Ms. Kwan holds a bachelor degree of business administration in accounting and finance from the University of Hong Kong. Ms. Kwan had worked for international bank and financial institution. She has over 10 years of experience in banking, asset management and investment.

The Board announced that Ms. Tam Chik Yan ("Ms. Tam") has been appointed as the executive Director with effect from 1 September 2022. M s. Tam, aged 29, holds a bachelor degree of science in business management from the University of Surrey, UK. She has 6 years of experience in Marketing and Public Media.

She currently worked as management in a media company of Hong Kong.