Basic House New Life Group Limited — Board/Management Information 2021

May 21, 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.

AL Group Limited

利 駿 集 團（香 港）有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8360)

RETIREMENT OF EXECUTIVE DIRECTOR AND

WITHDRAWAL OF ORDINARY RESOLUTION NO.4 AT THE ANNUAL GENERAL MEETING TO BE HELD ON 18 JUNE 2021

RETIREMENT OF EXECUTIVE DIRECTOR

The Board hereby announces that Mr. Wong, an executive Director, will retire from office upon the conclusion of the forthcoming Annual General Meeting pursuant to the bye-laws of the Company. Mr. Wong confirmed that he will not offer himself for re-election at the Annual General Meeting to be held on Friday, 18 June 2021 due to his own career development.

WITHDRAWAL OF ORDINARY RESOLUTION NO.4 AT THE ANNUAL GENERAL MEETING TO BE HELD ON 18 JUNE 2021

Due to the retirement of Mr. Wong, ordinary resolution no.4 in respect of the re-election of Mr. Wong as an executive Director as set out in the AGM Notice and Proxy Form is no longer applicable and will not be put forward for consideration and approval by Shareholders at the Annual General Meeting.

RETIREMENT OF EXECUTIVE DIRECTOR

Reference is made to the circular (the “ Circular ”) of AL Group Limited (the “ Company ”) dated 17 May 2021 in relation to the Annual General Meeting, the AGM Notice dated 17 May 2021 and the form of proxy of the Company (the “ Proxy Form ”). Capitalised terms used herein shall have the same meanings as defined in the Circular unless the context requires otherwise.

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The Board hereby announces that Mr. Wong Kang Man (“ Mr. Wong ”), an executive Director, will retire from office upon the conclusion of the forthcoming Annual General Meeting pursuant to the bye-laws of the Company. Mr. Wong confirmed that he will not offer himself for re-election at the Annual General Meeting to be held on Friday, 18 June 2021 due to his own career developm ent.

Mr. Wong has confirmed he has no disagreement with the Board and there is no matter in relation to his retirement that needs to be brought to the attention of the Shareholders.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Wong for his valuable contribution to the Company during his tenure of services.

WITHDRAWAL OF ORDINARY RESOLUTION NO.4 AT THE ANNUAL GENERAL MEETING TO BE HELD ON 18 JUNE 2021

Due to the retirement of Mr. Wong, ordinary resolution no.4 in respect of the re-election of Mr. Wong as an executive Director as set out in the AGM Notice and Proxy Form is no longer applicable and will not be put forward for consideration and approval by Shareholders at the Annual General Meeting. Save as disclosed above, all other resolutions contained in the Notice shall continue to be considered at the Annual General Meeting, and the date, time and venue for holding the Annual General Meeting shall remain unchanged.

Proxy Forms lodged by Shareholders will remain valid except that no poll will be taken or counted for ordinary resolution no.4.

By Order of the Board AL Group Limited Lam Chung Ho, Alastair Chairman and Executive Director

Hong Kong, 21 May 2021

As at the date of this announcement, the executive Directors are Mr. Lam Chung Ho, Alastair, Mr. Kwan Tek Sian and Mr. Wong Kang Man; and the independent non-executive Directors are Mr. Tse Chi Shing, Mr. Tse Wai Hei and Mr. Tam Chak Chi.

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 “Latest Listed Company Announcements” page on the GEM website at www.hkgem.com for a minimum period of 7 days from the date of its publication and on the Company’s website at www.ALGrp.com.

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