The launch of Finvest, an online investment platform, signals Lu International�s continued efforts to expand its footprint across Southeast Asia via strategic partnership.

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SINGAPORE -�Media
OutReach�-�17 November 2020 -�Lu International (Singapore) Financial Asset Exchange Pte. Ltd. ("Lu
International"), a subsidiary of China's leading technology-empowered
personal financial services platform Lufax Holding, and KASIKORNBANK, leader in
digital banking and one of Thailand's largest banks, announced today the launch
of FinVest, an online wealth management platform. The new
digital investment platform is aimed to help retail
investors in Thailand gain access to a full
spectrum of onshore and offshore investment products at a low minimum
investment amount through the extensive network and relationships brought by Lu
International, and the local expertise offered by KASIKORNBANK.

From left to right: Mr. Kit Wong, CEO of Lu
International (Singapore), Mr. Choladet Khemarattana, CEO and co-founder of
Robowealth Mutual Fund Brokerage Securities Company Limited, and Mr. Patchara
Samalapa, President of KASIKORNBANK�

FinVest aims to provide personalised investment solutions
for retail investors. The online investment platform that has been built in
partnership between Lu International and KASIKORNBANK caters to digitally savvy
investors, providing access to more than 600 funds from 15 Asset Management
Companies in Thailand.

"Thailand is one of the fastest growing markets in Southeast Asia and continues to see rapid wealth growth and economic development," said Greg Gibb, CEO of Lufax Holding. "Partnerships
and the sharing of technology know-how are defining the financial industry
across the region, making significant improvements to the quality of service
and offerings to clients. Through the collective capabilities
of Lu International and KASIKORNBANK, investors now have access to
international investment opportunities that have previously only been available
to a select few."

Additionally, FinVest offers a curated client experience,
including an enhanced design as well as user-friendly and
mobile-friendly screen flows. In designing
the mobile app, Lu International and KASIKORNBANK prioritise the needs of retail
investors. These include the ability to make informed investment
decisions and the access to relevant investment knowledge provided by Lu
International and KASIKORNBANK in collaboration with Robowealth, a wealth-tech and investment
specialist and investment solutions provider in Thailand. The ultimate goal of this
collaboration is to make sure of the best investment journey to all investors.

Kit Wong, CEO of Lu International, commented, "Digital technology is rapidly changing the way investors
use financial services. They are increasingly using digital channels to purchase
financial products and invest. FinVest offers clients the convenience,
efficiency, intelligence, and ease of use through a personalised online wealth
management platform that will help Thailand and its economy stay at the
forefront of the digital financial revolution taking place across the region."

Mr. Patchara Samalapa, KASIKORNBANK President, said, "In 2020, Thailand's total outstanding capital market value
is worth around 44 trillion baht. Of this amount, investment in mutual funds
totals 4.8 trillion baht or around 10 percent. Of late, the younger generation
has shown increasing interest in mutual funds, preferring to conduct
transactions via digital channels and seeking products related to Thai and
foreign equity instruments. Moreover, open-architecture investment is growing
every year. Development of the FinVest digital platform will help enhance investment
potential for Thai retail investors, allowing them to directly invest in global
mutual funds via FinVest".�

"FinVest marks a cooperative effort towards digital technology
development; KASIKORNBANK, which�has
extensive�digital banking expertise; Lu International -- a Singapore-based company
under Lufax Holding, which is an associate of Ping An Group -- a large Chinese
company with a team of world-class experts well-versed in investment
technology; and Robowealth Mutual Fund Brokerage Securities Co., Ltd., an
expert in wealth tech, ensuring that the FinVest platform is in alignment with
the Thai capital market under the supervision of the Securities and Exchange
Commission, Thailand. This cooperation also reinforces�KASIKORNBANK's�status as a complete banking service provider, based on a
combination of its own digital banking expertise and that of the world's
leading partners and fintech experts, to ensure that KASIKORNBANK is everywhere
around you".

FinVest seamlessly caters to local investors with round-the-clock digital access to comprehensive information about
their accounts, market insights and intelligence relevant to their portfolio,
while opening the door to premium onshore and offshore wealth management
products with an approximate minimum investment amount of US$35 / THB1, 000 with no additional account opening or
closing fees. The platform also adopts strict Know Your Product (KYP) and Know Your Customer (KYC) compliance procedures, alongside an Anti-Money
Laundering (AML) and an anti-fraud system,
to meet regulatory requirements.

Lu International continues to strengthen its network via
strategic partnership in collaboration with local financial institutions
leveraging its technology and industry know-how across Southeast Asia as part of its expansion to capitalise on wealth
management digitization and growth opportunities for financial services in some
of the world's up and coming economies..

Finvest is available on Apple Store, Google
Play Store and Huawei App Gallery. For more information, please visit www.finvest.co.th.

About Lufax Holding

Lufax
Holding Ltd is a leading technology-empowered personal financial services
platform in China. Lufax Holding Ltd primarily utilizes its customer-centric
product offerings and offline-to-online channels to provide retail credit
facilitation services to small business owners and salaried workers in China as
well as tailor-made wealth management solutions to China's rapidly growing
middle class. The Company has implemented a unique, capital-light,
hub-and-spoke business model combining purpose-built technology applications,
extensive data, and financial services expertise to effectively facilitate the
right products to the right customers.

About LU International

LU Global is
the online wealth management platform operated by Lu International (Singapore) Financial
Asset Exchange Pte Ltd (Co. Reg No
201702479G). Lu Global is a mobile investment and wealth
management platform operated out of Singapore, licensed and regulated by MAS
(Monetary Authority of Singapore). It offers 24/7
online access to a wide range of high quality investments, and offers investors
the opportunity to invest easily with small investment amounts, and with low
commitment. The customers have the ability to invest with
maximum flexibility while still being able to benefit from superior returns.