Appointment of director

Southern Charter Financial Group Limited (NZX: SNC) advises that Kuan Chong Ng ("KC"), who has been an alternate director for Chang Ku EE since April 2019, has been appointed as a director of the company. KC has a bachelor's degree in Finance from Northwest Missouri State University (USA) and an MBA from the University of South Alabama (USA). KC has a wealth of experience in the information technology sector. He's experience extends to work on establishing a personal computing production plant in Juarez, Mexico in 1998 and setting up logistically strategic warehouses in City of Industry CA, USA and Frankfurt, Germany. KC subsequently worked in collaboration with the Cambodia Ministry of Education, Youth and Sports with World Education to help establish computer labs in 317 public schools using NComputing solution concepts, which became the blueprint for Cambodia computing learning for students. The NComputing concept was replicated in Laos and later in Myanmar. KC currently holds an advisory and consulting role for myITworks Sdn Bhd for the APAC expansion market segment and also holds an external position as a Corporate Advisor for ESA Holdings Ltd and KYCZ Ltd (a subsidiary of Haraco GmbH). KC is not an independent director, as he is an advisor and personal assistant to Chang Ku EE, the Chairman of the Board and majority shareholder of SNC. KC's appointment as a director recognises his ongoing active participation in Board meetings and the contribution his experience and skills bring to the effectiveness of the Board of SNC. On behalf of the Board. John Cilliers Director Southern Charter Financial Group Email: john.cilliers@outlook.co.nz End CA:00403527 For:SNC Type:ADMIN Time:2022-12-05 08:30:41