Amuse Group Holding Limited — Board/Management Information 2021

Dec 1, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Amuse Group Holding Limited 佰 悅 集 團 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 8545)

APPOINTMENT OF DIRECTORS

The Board is pleased to announce that with effect from 1 December 2021:

APPOINTMENT OF DIRECTORS

• (i) Mr. Chu Wai Tak has been appointed as a non-executive director of the Company; and

• (ii) Ms. Kwok Wai Ling has been appointed as an independent non-executive director of the Company.

APPOINTMENT OF DIRECTORS

The Board is pleased to announce that, with effect from 1 December 2021, Mr. Chu Wai Tak has been appointed as non-executive director and Ms. Kwok Wai Ling has been appointment as independent non-executive director with effect from 1 December 2021.

The biographies of the new directors are set out in the paragraphs below:

Mr. Chu Wai Tak (‘‘Mr. Chu’’)

Mr. Chu, aged 43. He has been serving as director of operations at Sanwa Biotech Limited (‘‘Sanwa’’) from September 2019 to present. Mr. Chu is responsible for optimizing operations efficiency and provides support to Sanwa’s growth strategies. He obtained a bachelor of science degree in Biochemistry from Hong Kong University of Science and Technology in 2001. Mr. Chu is a patent holder on Apparatus and Method for Pyrolysis of Scrap Tyres and the Like (US Patent 8,020,499 B2).

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From November 2013 to September 2019, Mr. Chu was employed as head of operations in QIAGEN Shenzhen Co., Ltd (‘‘QIAGEN Shenzhen’’), where he was in charge of managing the operations of manufacturing facilities of QIAGEN Shenzhen. He was also appointed as associate director of QIAGEN Shenzhen in April 2014. From April 2010 to November 2013, Mr. Chu was employed as product and change implementation manager in QIAGEN Shenzhen.

Mr. Chu has entered into a letter of appointment with the Company as a non-executive director for an initial term of two (2) years commencing from 1 December 2021 and is subject to retirement by rotation and re-election according to the articles of association of the Company (the ‘‘Articles’’) and the Rules Governing the List of Securities on the GEM of the Stock Exchange (the ‘‘GEM Listing Rules’’). Pursuant to the letter of appointment, the annual remuneration of Mr. Chu as a non-executive Director of the Company is HK$114,000.00. Such remuneration is determined with reference to his duty and responsibility in the Company, the prevailing market rate and the remuneration policy of the Company.

Ms. Kwok Wai Ling (‘‘Ms. Kwok’’)

Ms. Kwok, aged 67, has over 10 years of experience in Shanghai real estate development. From May 2005 to 2013, Ms Kwok was appointed as the director of Welchem Development Limited of which its principal business is property investment. It was a subsidiary of eCyberChina Holdings Limited, which was publicly traded under the stock code 00254 at that time.

From 2013 to present, Ms. Kwok has been serving as the director of Precise Time International Ltd, being primarily in charge of consultant referral services.

Ms. Kwok has entered into a letter of appointment with the Company as an independent non-executive director for an initial term of two (2) years commencing from 1 December 2021 and is subject to retirement by rotation and re-election according to the Articles and the GEM Listing Rules. Pursuant to the letter of appointment, the annual remuneration of Ms. Kwok as an independent non-executive Director of the Company is HK$72,000.00. Such remuneration is determined with reference to her duty and responsibility in the Company, the prevailing market rate and the remuneration policy of the Company.

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As at the date of this announcement, save as disclosed above, each of Mr. Chu and Ms. Kwok has confirmed that (i) he/she does not hold any directorship in other public listed companies in Hong Kong or overseas in the past three years; (ii) he/she does not hold any other positions with the Company or subsidiaries of the Company; (iii) he/she does not have any relationship with any directors, senior management or substantial or controlling Shareholders; (iv) he/she does not have any interest of shares or underlying shares of the Company within the meaning of Part XV of the SFO; and (v) there is no other information that is required to be disclosed pursuant to Rule 17.50(2)(h) to 17.50(2)(v) of the GEM Listing Rules nor there is any other matter that needs to be brought to the attention of the holders of securities of the Company in relation to their appointment.

The Board would like to express its warm welcome to Mr. Chu and Ms. Kwok in joining the Board.

By Order of the Board Amuse Group Holding Limited Li Wai Keung

Chairman and Executive Director

Hong Kong, 1 December 2021

As at the date of this announcement, the Board comprises Mr. Li Wai Keung, Mr. To Hoi Pan and Ms. Lee Kwai Fong as executive Directors; Mr. Lee Ming Yeung Michael, Mr. Wei Qing and Mr. Chu Wai Tak as non-executive Directors; and Mr. Yu Pui Hang, Ms. Ren Hongyan, Ms. Chow Chi Ling Janice and Ms. Kwok Wai Ling as independent non-executive Directors.

This announcement, for which all the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement in this announcement misleading.

This announcement will remain on the website of Stock Exchange at www.hkexnews.hk on the ‘‘Latest Information’’ page for at least 7 days from the date of its publishing and will be published on the Company’s website at www.amusegroupholding.com.

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