KGI Financial Holdings Announces Board Change at Subsidiary KGI Limited

1. Date of Change: 115/06/16 2. Category of Personnel Changed (Please specify: corporate director, corporate supervisor, independent director, natural person director, or natural person supervisor): Natural person director. 3. Former Director's Title and Name: Lin Chun-Cheng / Director of KGI Limited. 4. Former Director's Biography: Director of KGI Limited. 5. New Director's Title and Name: Lin Chih-Hung / General Manager of KGI Securities Co., Ltd.; Chiu Yuan-Chen / Senior Deputy General Manager of KGI Securities Co., Ltd. 6. New Director's Biography: General Manager of KGI Securities Co., Ltd.; Senior Deputy General Manager of KGI Securities Co., Ltd. 7. Nature of Change (Please enter 'resignation', 'dismissal', 'end of term', 'deceased', or 'new appointment'): Resignation. 8. Reason for Change: Resignation. 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 Directors Changed During Same Term: 2/3. 13. Proportion of Independent Directors Changed During Same Term: Not applicable. 14. Proportion of Supervisors Changed During Same Term: Not applicable. 15. Is the change involving one-third or more of the directors? (Yes or No): Yes. 16. Other Matters to be Clarified (If the subject of this 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): The resignation of the former director becomes effective on June 17, 115. KGI Limited is a company registered in the British Virgin Islands, and its articles of association do not stipulate director terms.