Date of announcement 2023/09/05
Time of announcement 18:00:37
Date of events 2023/09/05
To which item it meets paragraph 6

1.Date of occurrence of the change:2023/09/05
2.Elected or changed position (Please enter institutional director,
institutional supervisor, independent director, natural-person director or
natural-person supervisor): juristic-person director
3.Title and name of the previous position holder:NA
4.Resume of the previous position holder:NA
5.Title and name of the new position holder:
WANG,LI-CYUN/ Juristic-person director,
LI,HONG-YI/ Juristic-person director
6.Resume of the new position holder:
WANG,LI-CYUN Director
Senior Vice President & Head of Corporate Governance,
China Development Financial Holdings Co., Ltd.
LI,HONG-YI Director
Vice President & Head of Sustainable Development,
China Development Financial Holdings Co., Ltd.
7.Circumstances of change (Please enter “resignation”, “dismissal”,
“term expired”, “death” or “new appointment”):
new appointment
8.Reason for the change:Appointed by the juristic-person director
9.Number of shares held by the new position holder when elected:
30,000,000 shares held by China Development Financial Holdings Co., Ltd.
10.Original term (from __________ to __________):
2023/07/01 to 2025/06/30
11.Effective date of the new appointment:2023/09/05
12.Turnover rate of directors of the same term:2/5
13.Turnover rate of independent directors of the same term:NA
14.Turnover rate of supervisors of the same term:NA
15.Change in one-third or more of directors (Please enter “Yes” or
“No”):Yes
16.Any other matters that need to be specified (the information disclosure
also meets the requirements of Article 7, subparagraph 6 of the Securities
and Exchange Act Enforcement Rules, which brings forth a significant impact
on shareholders rights or the price of the securities on public companies.):
In accordance with the Paragraph 2 of Article 15 of the Financial Holding
Company Act, the directors of KGI Securities Investment Trust shall be
appointed by the parent company (China Development Financial Holding Co.,
Ltd.).