CSC Financial Co., Ltd. announced the appointment of Mr. LIU Naisheng as Joint Company Secretary and the Alternate Authorized Representative, effective July 12, 2024. Mr. LIU currently does not possess the qualifications of company secretary as required under Rule 3.28 of the Hong Kong Listing Rules. With reference to the biography as disclosed in the Announcement, the Directors believe that Mr. Liu has over 20 years of working experience in the capital market, is familiar with the operation of the Company, has achieved good communication with the members of the Board of the Company and is familiar with the internal operation mechanism of the Board, therefore possessing the professional knowledge and management experience necessary for discharging the functions of company secretary, as well as good work ethics and personal qualities.

Therefore, the Company has applied, and the Hong Kong Stock Exchange, on July 12, 2024, has granted, the Waiver with respect to the appointment of Mr. LIU as the Joint Company Secretary for a period of three years from the date of his appointment (the "Waiver Period") on conditions that the Company engages Ms. WONG Wai Ling ("Ms. WONG"), the another Joint Company Secretary of the Company. Ms. WONG is a vice president of SWCS Corporate Services Group (Hong Kong) Limited. Ms. WONG has over 15 years of experience in providing company secretarial services.

Ms. WONG is an associate of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.