HONG KONG, September 20, 2022 - Airstar Bank Limited ("Airstar Bank") is pleased to announce the appointment of Mr. Hu Wei, Justin, as its new Chief Executive with immediate effect.

Mr. Justin Hu is currently the Chief Strategy Officer and Executive Director of Airstar Bank. Before joining Airstar Bank, Mr. Hu was the General Manager of the Financial Institution Department of Airstar Digital Technology under Xiaomi Group, responsible for business joint venture and operational management of Internet Financing, Asset Securitization, and development of FinTech projects with banks, securities firms, and trust companies. Between 2007 and 2018, Mr. Hu held senior management roles in different finance companies including Huaan Fund Management Co., Ltd., China Asset Management Co., Ltd., and China International Fund Management Co., Ltd. He was responsible for the innovative development of internet funds and wealth management in these firms and accumulated extensive management experience in internet-based asset management business.

The Board welcomes Mr. Hu to his new role. Airstar Bank is confident that with Mr. Hu's expertise in financial innovation, he will lead the Bank to inject new momentum into financial technology and financial inclusion, hence developing more competitive and innovative banking services and products in the future to serve the mass with better banking services.

About Airstar Bank
Airstar Bank Limited is jointly established by Xiaomi Corporation and AMTD Group. Airstar Bank was granted a virtual banking license by the Hong Kong Monetary Authority on 9 May 2019 and officially launched its business on 11 June 2020. Airstar Bank Limited is committed to offering stellar banking services to everyone, regardless of their wealth. We wish to be "Everyone's Bank" that benefits all customers with convenient virtual banking services.