The board of directors of Celestial Asia Securities Holdings Limited announced that Ms Kwan Iec Teng Janet has been appointed as an executive director of the Company with effect from 5 July 2024. The biographical details of Ms Kwan are as follows: (1) Ms Kwan, aged 31, is appointed as an executive director of the Company overseeing the digitalization of the Group's retail business. She joined the Group in September 2022 and is currently the Director of Digital Strategy and eCommerce of the Group.

She has extensive experience in the fields of brand management, digital marketing, advertising technology, and consulting. Ms Kwan was awarded in the "Women to Watch" list by Campaign Asia. She was formerly a Lead Associate Trading Director at The Trade Desk where she empowered brands and agencies to transform their traditional marketing efforts into effective, data-backed advertising strategies.

Prior to that, Ms Kwan was a brand consultant in a strategic consultancy within the WPP group, developing data-driven brand strategies for Fortune 500 companies; (2) Ms Kwan graduated magna cum laude and Phi Beta Kappa from Columbia University with a Bachelor of Arts in Financial Economics and double concentrations in Business Management and Psychology; (3) Ms Kwan has not held any other directorships in public companies the securities of which are listed in Hong Kong or overseas during the three years preceding the date of this announcement; Ms Kwan is the daughter of Dr Kwan Pak Hoo Bankee (chairman, chief executive officer, executive director and substantial shareholder of the Company), and is the sister of Mr. Kwan Teng Hin Jeffrey (executive director of the Company). Save as disclosed herein, she has no other relationship with any directors, senior management, substantial shareholders or controlling shareholders of the Company.