KGI Financial Holdings Announces Board Change at Subsidiary KGI International Holdings Limited

1. Date of Change: 115/06/16 2. Type of Change (Please specify: Corporate Director, Corporate Supervisor, Independent Director, Individual Director, or Individual Supervisor): Individual Director. 3. Former Position and Name: Not applicable. 4. Former Director's Biography: Not applicable. 5. New Director's Position and Name: Lin Chih-Hung / General Manager of KGI Securities Co., Ltd.; Chiu Teh-Hsin / Director of KGI Securities Co., Ltd. 6. New Director's Biography: General Manager of KGI Securities Co., Ltd.; Director of KGI Securities Co., Ltd. 7. Nature of Change (Please enter 'resignation', 'removal', 'end of term', 'deceased', or 'new appointment'): New appointment. 8. Reason for Change: New appointment. 9. Number of Shares Held by New Director at Time of Appointment: Not applicable. 10. Original Term (e.g., xx/xx/xx ~ xx/xx/xx): Not applicable. 11. Effective Date of New Appointment: 115/06/16. 12. Proportion of Concurrent-Term Directors Changed: 2/5. 13. Proportion of Concurrent-Term Independent Directors Changed: Not applicable. 14. Proportion of Concurrent-Term Supervisors Changed: Not applicable. 15. Has more than one-third of the directors changed (yes or no): Yes. 16. Other Matters to be Clarified (If the subject of the event or resolution is a publicly issued company or above, this material information also meets the criteria under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act, regarding matters significantly affecting shareholders' rights or securities prices): KGI International Holdings Limited is a company registered in the Cayman Islands; its articles of association do not stipulate directors' term limits.