Date of announcement 2024/04/26
Time of announcement 16:09:46
Date of events 2024/04/26
To which item it meets paragraph 6

1.Date of the board of directors resolution or date of occurrence of the
change:2024/04/26
2.Position (Please enter chairperson or president/general manager):
President
3.Name of the previous position holder:Mr. Stefano Paolo Bertamini
4.Resume of the previous position holder:
The President of China Development Financial Holding Corporation
5.Name of the new position holder:Mr. Paul Yang
6.Resume of the new position holder:
Director, China Development Financial Holding Corporation
7.Circumstances of change (Please enter ”resignation”, ”dismissal”,
”term expired” , ”job relocation”, ”severance”, ”retirement”,
”death” or ”new appointment”):Resignation
8.Reason for the change:Resignation
9.Effective date of the new appointment:
Effective upon regulatory authority’s approval.
10.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.):
Approved by BOD of China Development Financial Holding Corporation,
Mr. Paul Yang will be the President of the Company. Before regulatory
authority’s approval, Mr. Paul Yang will temporarily act President's
position.