Apollo Future Mobility Group Limited — Board/Management Information 2020

Dec 30, 2020

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.

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(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 860)

RETIREMENT OF NON-EXECUTIVE DIRECTOR

The board (the ‘‘Board’’) of directors (the ‘‘Directors’’) of Apollo Future Mobility Group Limited (the ‘‘Company’’) announces that on 30 December 2020, the Board received a notice from Mr. Zhang Jinbing (‘‘Mr. Zhang’’) notifying the Board that due to his other business commitments, he has decided not to offer himself for re-election upon his retirement by rotation as a nonexecutive Director with effect from the conclusion of the forthcoming annual general meeting of the Company to be held on or around 19 March 2021. Upon ’ Mr. Zhang s retirement as a non-executive Director, he will also cease to be the Co-Chairman of the Company.

Mr. Zhang has confirmed that he has no disagreement with the Board and there is no other matter that needs to be brought to the attention of the shareholders of the Company in relation to his retirement as a non-executive Director and the Co-Chairman of the Company.

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The Board would like to take this opportunity to express its gratitude to Mr. Zhang for his valuable contributions to the Company during his tenure of office.

By order of the Board Apollo Future Mobility Group Limited Ho King Fung, Eric Chairman

Hong Kong, 30 December 2020

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. Ho King Fung, Eric (Chairman) and Mr. Sung Kin Man; one non-executive Director, namely Mr. Zhang Jinbing (Co-Chairman); and four independent non-executive Directors, namely Mr. Tam Ping Kuen, Daniel, Mr. Teoh Chun Ming, Mr. Peter Edward Jackson and Mr. Charles Matthew Pecot III.

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