iClick Interactive Asia Group Limited Announces Change to Its Board of Directors

Rhea-AI Summary

iClick Interactive Asia Group (NASDAQ: ICLK) announced the appointment of Mr. Winson Ip Wing Wai as an independent director and the new chairperson of the audit committee, effective June 24, 2024. Mr. Ip brings over 20 years of experience in financial and operational management, compliance, ESG management, investment, M&A, investor relations, accounting, and auditing. He has held leadership positions in various companies, including Deewin Tianxia Co., and Sincere Watch. Mr. Matthew Fong, the former independent director and chairperson of the audit committee, resigned on the same date without any disagreement with the company. CEO Jian Tang highlighted Mr. Ip's extensive experience and its relevance to iClick's corporate goals.

Positive

• Appointment of Mr. Winson Ip Wing Wai as an independent director and chairperson of the audit committee, bringing extensive experience in financial and operational management.
• Mr. Ip's background includes roles in compliance, ESG, investment, M&A, investor relations, accounting, and auditing, which are valuable for iClick.
• Mr. Ip's leadership experience spans across reputable companies like Deewin Tianxia Co., Sincere Watch, and others, enhancing iClick's board with diverse industry insights.

Negative

• Resignation of Mr. Matthew Fong, an independent director and chairperson of the audit committee, which might indicate a period of transition and potential instability.

HONG KONG, June 24, 2024 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced the appointment of Mr. Winson Ip Wing Wai ("Mr. Ip") as a new independent director of the Company's board of directors (the "Board"), effective June 24, 2024. Mr. Ip will also serve as the new chairperson of the audit committee of the Board. Effective the same day, Mr. Matthew Fong resigned as an independent director and the chairperson of the audit committee of the Board. The departure of Mr. Matthew Fong was not due to any disagreement with the Company.

In a career spanning over 20 years, Mr. Ip has gained extensive experience across various areas, including financial and operational management, compliance and ESG management, investment, merger and acquisition, investor relations, accounting and auditing. Currently, he is an independent non-executive director and the chairperson of the audit committee of Deewin Tianxia Co., Ltd (2418.HK) from 2021. He was an independent non-executive director and an audit committee member of 8088 Investment Holdings Limited (8088.HK) from 2020 to 2022. He served as an executive director of Beijing Beida Jade Bird Universal Sci-Tech Company Limited (8095.HK) and then served as a non-executive director of Beijing Beida Jade Bird Universal Sci-Tech Company Limited from 2018 to 2021. He has held multiple leadership positions, including as the chief financial officer at Sincere Watch (Hong Kong) Limited (444.HK) from 2020 to 2021, the chief financial officer and company secretary of Huili Resources (Group) Limited (1303.HK) from 2011 to 2019, and the vice president of King Stone Energy Group Limited (663.HK) from 2010 to now. He also led teams in performing financial audit-related engagements including initial public offering at KPMG from 2000 to 2003. He obtained his bachelor of business administration in accounting from The Hong Kong University of Science and Technology in 2000 and is currently a member of the Hong Kong Institute of Certified Public Accountants.

"The addition of Mr. Ip to the Board will bring additional guidance and leadership for iClick," commented Mr. Jian Tang ("Mr. Tang"), iClick's Chief Executive Officer and Co-Founder. "Mr. Ip has comprehensive business experience in management and leadership roles in various sectors in Hong Kong, Japan and mainland China that will be highly relevant to us. We look forward to leveraging his insights to achieve our corporate goals."

"I would like to thank Mr. Matthew Fong for his insights and advice on iClick's financial management and corporate finance. We certainly wish him every success in his future endeavors." said Mr. Tang.

About iClick Interactive Asia Group Limited

Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a leading enterprise and marketing cloud platform in China. iClick's mission is to empower worldwide brands to unlock the enormous market potential of smart retail. With its leading proprietary technologies, iClick's full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. Headquartered in Hong Kong, iClick currently operates in ten locations across Asia and Europe. For more information, please visit ir.i-click.com.

For investor and media inquiries, please contact:

In China:                                                                               In the United States:

iClick Interactive Asia Group Limited                                Core IR
Catherine Chau                                                                     Tom Caden
Phone: +852 3700 9100                                                        Phone: +1-516-222-2560
E-mail: ir@i-click.com                                                            E-mail: tomc@coreir.com

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SOURCE iClick Interactive Asia Group Limited

FAQ

What is the date of the new board appointment for iClick Interactive (ICLK)?

The new board appointment for iClick Interactive (ICLK) is effective June 24, 2024.

Who has been appointed as the new independent director of iClick Interactive (ICLK)?

Mr. Winson Ip Wing Wai has been appointed as the new independent director of iClick Interactive (ICLK).

What roles will Mr. Winson Ip Wing Wai assume in iClick Interactive (ICLK)?

Mr. Winson Ip Wing Wai will serve as an independent director and the chairperson of the audit committee in iClick Interactive (ICLK).

Why did Mr. Matthew Fong resign from iClick Interactive (ICLK)?

Mr. Matthew Fong resigned from iClick Interactive (ICLK) without any disagreement with the company.

What is the significance of Mr. Winson Ip's appointment to iClick Interactive (ICLK)?

Mr. Winson Ip's appointment brings over 20 years of experience in financial and operational management, compliance, ESG, investment, M&A, investor relations, accounting, and auditing to iClick Interactive (ICLK).