FEG Holdings Corporation Limited announced the appointment of Mr. Gao Fan as an independent non-executive director, effective 29 May 2026.

Mr. Gao, aged 32, brings more than eight years of legal and corporate-compliance experience. He earned a bachelor’s degree in law from Tsinghua University in July 2017. His recent roles include legal counsel at Hong Kong Bo Yu Trading Limited (since May 2025), head of legal at Shenzhen Shiguang Jewellery Technology Co., Ltd. (January 2021–April 2025), and legal counsel at Shenzhen Hongrun Real Estate Co., Ltd. (July 2017–December 2020).

Under a three-year letter of appointment commencing 29 May 2026, Mr. Gao will receive an annual director’s fee of HK$0.12 million. The agreement allows either party to terminate the engagement with not less than one month’s written notice. He will stand for election at the next annual general meeting and will be subject to retirement by rotation at least once every three years, in line with the company’s articles of association.

The board confirmed that Mr. Gao holds no shares in FEG Holdings, has no relationships with existing directors or major shareholders, and meets all independence criteria under Rule 3.13 of the Hong Kong Listing Rules.

Following the appointment, FEG Holdings’ board comprises six executive directors and five independent non-executive directors.