Basetrophy Group Holdings Limited — Board/Management Information 2021

Aug 31, 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.

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BASETROPHY GROUP HOLDINGS LIMITED 基地錦標集團控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8460)

(1) RESIGNATION AND APPOINTMENT OF DIRECTORS; AND (2) CHANGE OF COMPOSITION OF BOARD COMMITTEES

The Board announces that:

1. Mr. Chong Kam Fung has resigned as an independent non-executive Director, the chairman of the Nomination Committee, and a member of each of the Audit Committee and Remuneration Committee with effect from 31 August 2021;

2. Ms. Fong Pui Yin Vivian has been appointed as an executive Director with effect from 31 August 2021; and

3. Mr. Lam Chee-yau Timothy has been appointed as the chairman of the Nomination Committee and a member of each of the Audit Committee and Remuneration Committee with effect from 31 August 2021.

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR, CHAIRMAN OF NOMINATION COMMITTEE AND A MEMBER OF EACH OF THE AUDIT COMMITTEE AND REMUNERATION COMMITTEE

The board (the “ Board ”) of directors (the “ Directors ”) of Basetrophy Group Holdings Limited (the “ Company ”) hereby announces that Mr. Chong Kam Fung (“ Mr. Chong ”) has tendered his resignation as an independent non-executive Director, the chairman of the nomination committee of the Company (the “ Nomination Committee ”), a member of each of the audit committee of the Company (the “ Audit Committee ”) and remuneration committee of the Company (the “ Remuneration Committee ”) with effect from 31 August 2021 due to his wish to devote more time on his personal development.

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Mr. Chong has confirmed to the Board that he has no disagreement with the Board and that there are no other matters in relation to his resignation that needs to be brought to the attention of the shareholders of the Company, The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) or other regulatory authorities.

The Board would like to express its sincere gratitude and appreciation to Mr. Chong for his valuable contribution towards the Company during his respective terms of service.

APPOINTMENT OF EXECUTIVE DIRECTOR

The Board is pleased announces that Ms. Fong Pui Yin Vivian (former English name: Fong Pui Yin) (“ Ms. Fong ”) has been appointed as an executive Director with effect from 31 August 2021.

The biographical details of Ms. Fong are set out as follows:

Ms. Fong, aged 50, obtained a Bachelor of Arts degree from University of Toronto in June 1995.

Ms. Fong has extensive experience in leather products manufacturing and real estate development industry. Since July 2000, Ms. Fong has been serving as a vice managing director of Patty Company Limited. Ms. Fong has been serving as a director of Guangzhou Patty Leather Products Co., Limited* (廣州市芭迪皮革製品有限公司) since April 2003, the business activities of which include leather products manufacturing business. She has also been serving as an executive director of Links Development Limited and Yunfu Liancheng Real Estate Co. Limited* (雲浮市連城置業有限公司), since 2014 respectively.

Ms. Fong is the spouse of Mr. Leung Yat Fai Frankie Keith, the executive Director and chairman of the Company.

The Company has entered into a service contract with Ms. Fong for a term of 3 years with effect from 31 August 2021 (the “ Service Contract ”). Ms. Fong will hold the office until the forthcoming annual general meeting of the Company and be eligible for re-election at that meeting pursuant to the articles of association of the Company. Pursuant to the Service Contract, Ms. Fong is entitled to a director’s fee of HK$156,000 per annum, which has been approved by the Remuneration Committee with reference to, among others, her qualification, experience, duties, potential contributions to the Company and the prevailing market conditions.

Save as disclosed above, Ms. Fong does not hold any position in the Company or any of its subsidiaries or have any other major appointments and professional qualifications. She does not have any relationship with any Directors, senior management or substantial or controlling shareholders (as defined in the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the “ GEM Listing Rules ”)) of the Company.

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Further, as at the date of this announcement, Ms. Fong does not have, and is not deemed to have, any interest or short positions in any shares, underlying shares or debentures (as defined under Part XV of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong)) of the Company.

Save as disclosed above, Ms. Fong did not hold any other directorship in any other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the three years prior to the date of this announcement.

Save as disclosed above, there are no other matters concerning Ms. Fong’s appointment that need to be brought to the attention of the shareholders of the Company nor is there any information relating to Ms. Fong that is required to be disclosed pursuant to Rule 17.50 (2) of the GEM Listing Rules.

The Board would like to take this opportunity to welcome Ms. Fong in joining the Board.

APPOINTMENT OF CHAIRMAN OF THE NOMINATION COMMITTEE, AND A MEMBER OF EACH OF AUDIT COMMITTEE AND REMUNERATION COMMITTEE

The Board is also pleased to announce that Mr. Lam Chee-yau Timothy has been appointed as the chairman of the Nomination Committee, and a member of each of Audit Committee and Remuneration Committee in replacement of Mr. Chong with effect from 31 August 2021.

By order of the Board Basetrophy Group Holdings Limited Lau Chung Ho Executive Director

Hong Kong, 31 August 2021

As at the date of this announcement, the Board comprises Mr. Lau Chung Ho, Mr. Leung Yat Fai Frankie Keith and Ms. Fong Pui Yin Vivian as executive Directors; and Mr. Ng Ki Man, Mr. Iu Tak Meng Teddy and Mr. Lam Chee-yau Timothy independent non-executive Directors.

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This announcement, for which 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 herein or this announcement misleading.

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

• For identification purpose only

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