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Helport AI Announces CFO Transition

1. Helport AI appoints Amy Fong as interim CFO after Tao Ke's departure. 2. Fong brings 25 years of financial experience across various sectors. 3. She aims to drive growth and shareholder value during this transitional period. 4. The company anticipates significant transformations in its operational strategy. 5. Forward-looking statements warn of potential financial risks and uncertainties.

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FAQ

Why Bullish?

Appointing an experienced CFO may stabilize and enhance investor confidence, similar to past CFO appointments boosting stock stability.

How important is it?

The appointment of a seasoned professional signals potential positive operational shifts, influencing investor sentiments.

Why Short Term?

Immediate effects on stock price due to CFO change, though long-term outcome depends on overall company performance.

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HPAIAMZNGOOGL
March 14, 2025 08:31 ET  | Source: Helport AI, Inc. Company Names 25-Year+ Seasoned Financial Executive, Amy Fong, as Interim Chief Financial Officer SINGAPORE and SAN DIEGO, March 14, 2025 (GLOBE NEWSWIRE) -- Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software, services, and solutions, today announced that Mr. Tao Ke is no longer serving as Chief Financial Officer (“CFO”) of the Company, effective March 12, 2025. The Company has appointed Amy Fong, President and Director of Helport AI, as interim CFO, effective immediately. “We take this opportunity to thank Tao for his contributions in assisting Helport AI in its transition into a public company this past year and wish him the best in his future endeavors,” said Guanghai Li, Chief Executive Officer of Helport AI. “We believe that Amy’s extensive financial and operational leadership experience, coupled with her deep understanding of capital markets, makes her well-positioned to oversee our finance functions, as we search for a permanent replacement for this role.” Ms. Fong, who was appointed President and Director of Helport AI in January 2025, brings over 25 years of experience as a seasoned professional across multiple industries, including banking, private equity, management consulting, and the not-for-profit sector. Prior to joining Helport AI, she was the Chief Operating Officer and later Managing Director of Sustainability and Strategic Initiatives at FountainVest Partners (Asia) since 2019, before transitioning to the role of Senior Advisor in 2024. She previously served as the Chief Executive Officer of Save the Children Hong Kong, a non-governmental organization, and spent two decades in financial services with JP Morgan, Credit Suisse, and Merrill Lynch in both the U.S. and Asia. She holds an MBA degree in Finance from Columbia Business School and a BSBA degree in Accounting and International Finance from Georgetown University. “I look forward to working closely with our talented teams and supporting the identification of a suitable candidate to serve as our permanent Chief Financial Officer,” said Amy Fong. “We believe that Helport AI is at an exciting inflection point, and we remain focused on accelerating growth and delivering value to our customers and shareholders.” About Helport AI Helport AI (NASDAQ: HPAI) is an AI technology company dedicated to optimizing customer communication through its digital platform and intelligent software solutions. Offering enterprise-level customer contact services, Helport AI’s mission is to empower everyone to work as an expert. Learn more at www.helport.ai. Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, but not limited to, Helport AI's business plan and outlook. These forward-looking statements involve known and unknown risks and uncertainties and are based on Helport AI’s current expectations and projections about future events that Helport AI believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Helport AI undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Helport AI believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and Helport AI cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in Helport AI’s registration statement and other filings with the U.S. Securities and Exchange Commission. Helport AI Investor Relations: Website: https://ir.helport.ai/ Email: ir@helport.ai External Investor Relations Contact:Chris Tyson Executive Vice PresidentMZ North AmericaDirect: 949-491-8235HPAI@mzgroup.us www.mzgroup.us

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