Dah Sing Banking Group Limited — Board/Management Information 2021

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(Incorporated in Hong Kong with limited liability under the Companies Ordinance) (Stock Code: 440)

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(Incorporated in Hong Kong with limited liability under the Companies Ordinance) The holding company of Dah Sing Bank, Limited (Stock code: 2356)

(1) APPOINTMENT OF CHIEF FINANCIAL OFFICER AND

(2) CHANGE OF THE TITLES AND ROLES OF AN EXECUTIVE DIRECTOR

The Boards of DSFH and DSBG announce that:

• (1) Mr. Cristo Chi-Leung Chow has been appointed as the Chief Financial Officer of Dah Sing Financial Group (which includes DSFH and DSBG) with effect from 17 June 2021.

• (2) Mr. Gary Pak-Ling Wang, Executive Director of DSFH and DSBG, ceased to act as the Group Chief Financial and Operating Officer of DSFH and DSBG with effect from 17 June 2021.

APPOINTMENT OF CHIEF FINANCIAL OFFICER

The Board of Directors (the “Board”) of Dah Sing Financial Holdings Limited (“DSFH”) and Dah Sing Banking Group Limited (“DSBG”) jointly announce that Mr. Cristo Chi-Leung Chow (“Mr. Chow”) has been appointed as the Chief Financial Officer of DSFH, DSBG and Dah Sing Bank, Limited (“DSB”) (DSBG and DSB are subsidiaries of DSFH) with effect from 17 June 2021. Mr. Chow will be responsible for the financial management and control functions of DSFH and its subsidiaries (together the “Group”).

Mr. Chow, aged 54, has over 25 years of solid accounting and finance experience in the banking industry and had held various senior positions in financial institutions. He has extensive experience in financial and regulatory reporting and tax, financial control, capital management, budgeting, financial and business analysis. Mr. Chow holds a Master of Science in Finance degree from University of Michigan, U.S.A. and a Bachelor of Business degree from Monash University, Australia. He is a Certified Public Accountant and a Fellow Member of the Association of Chartered Certified Accountants.

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CHANGE OF THE TITLES AND ROLES OF AN EXECUTIVE DIRECTOR

Following the appointment of the Chief Financial Officer as mentioned above, Mr. Gary Pak-Ling Wang (“Mr. Wang”), Executive Director of DSFH, DSBG and DSB, shall cease to act as the Group Chief Financial and Operating Officer of DSFH and DSBG, and the Group Chief Financial Officer of DSB with effect from 17 June 2021.

Mr. Wang will remain as an Executive Director and Deputy Chief Executive of DSFH, Executive Director of DSBG, and Executive Director, Deputy Chief Executive and Alternate Chief Executive of DSB.

The Boards of DSFH and DSBG believe that the appointment of a Chief Financial Officer for the Group will further strengthen the financial control and management of the Group. The Boards express their sincere appreciation to Mr. Wang for his valuable efforts and contribution during his tenure as the Group Chief Financial and Operating Officer of DSFH and DSBG.

By Order of the Board By Order of the Board DAH SING FINANCIAL HOLDINGS LIMITED DAH SING BANKING GROUP LIMITED Doris W. N. Wong Doris W. N. Wong Company Secretary Company Secretary

Hong Kong, 17 June 2021

As at the date of this announcement, the Board of DSFH comprises Messrs. David Shou-Yeh Wong (Chairman), Hon-Hing Wong (Derek Wong) (Managing Director and Chief Executive) and Gary Pak-Ling Wang (Deputy Chief Executive) as Executive Directors; Messrs. Eiichi Yoshikawa (Shinkichi Nakamura as alternate) and Yoshikazu Shimauchi as Non-Executive Directors; Messrs. Robert Tsai-To Sze, Andrew Kwan-Yuen Leung, Paul Michael Kennedy and Paul Franz Winkelmann as Independent Non-Executive Directors.

As at the date of this announcement, the Board of DSBG comprises Messrs. David Shou-Yeh Wong (Chairman), Hon-Hing Wong (Derek Wong) (Vice Chairman, Managing Director and Chief Executive), Gary Pak-Ling Wang and Nicholas John Mayhew (Deputy Chief Executive) as Executive Directors; Messrs. Robert Tsai-To Sze, Seng-Lee Chan, Blair Chilton Pickerell and David Wai-Hung Tam as Independent Non-Executive Directors.

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