Digital Domain Appoints Mr. Henry HOOI as Non-Executive Director and Chief Strategic Advisor

11.01.24Hong Kong, November 1, 2024 — Digital Domain Holdings Limited (“Digital Domain” or the “Company”, stock code: 547), a global leader in visual effects and transformative experiences, recognized for nearly two decades of pioneering work in the virtual human space, today announced the appointment of Mr. Henry HOOI Hing Lee (“Mr. HOOI”) as non-executive director and chief strategic advisor of Digital Domain, effective from November 1, 2024. This appointment reflects Digital Domain’s emphasis on and commitment to the overall operations, development, and long-term growth.

Mr. HOOI has over 31 years of professional experience in the finance industry, having held various roles in business and operational management at major banks and financial institutions across Hong Kong, Australia and Singapore. He is also the founder of pH Capital Limited, an impact investment company. Additionally, he is an independent non-executive director of a HKSE listed Frontier Services Group Limited.

With his formal appointment as a non-executive director, he will also advise on the Company’s strategy in leveraging the Company’s proprietary AI enabled technologies to expand beyond entertainment.

Mr. Daniel SEAH, Chairman and CEO of Digital Domain, stated, “Given rapid developments of AI, although challenges exist, the opportunities are even greater. Leveraging our industry leading technological experiences and incessant drive to innovate, we aim to shape the future in order to stay ahead in the industry. With Mr. HOOI’s extensive knowledge and experiences, we look forward to his guidance in driving business developments and long-term growth at Digital Domain.”

Mr. HOOI stated, “In a rapidly changing global environment, I hope to bring my experiences and industry insights to help drive growth for Digital Domain. I am humbled to be a member of the board and look forward to working closely with the board and management team to create value on a sustainable basis.”