Pavillon Holdings Ltd. announced the appointment of Mr. Fan Bin as a Non-Executive and Independent Director of the Company with effect from 4 November 2022. Following appointment of Mr. Fan Bin as a Director, he has been appointed as a member of the Audit Committee. Mr. Fan Bin is a member of the Chinese Institute of Certified Public Accountants and a certified public accountant (CPA), a certified tax accountant (CTA) certified by the China Certified Tax Agents Association and accountant certified by the Ministry of Finance of the People's Republic of China.

He holds a Master's degree in accounting from Shanghai University of Finance and Economics and Bachelor's degree in management from Shanghai University of Finance and Economics. August 2022 to present Vice President and Chief Financial Officer, New Development Group November 2021 to present Chairman of the Supervisory Board, Vohringer Home Technology Co. Ltd. (Listed on the Shanghai Stock Exchange) September 2020 to July 2022 Chief Financial Officer, New Development Group September 2010 to September 2019 Chief Financial Officer, Goldian Group.