Brainhole Technology Limited — Board/Management Information 2021

Jan 26, 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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BRAINHOLE TECHNOLOGY LIMITED 脑洞科技有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2203)

RESIGNATION OF EXECUTIVE DIRECTOR, CHANGE IN COMPOSITION OF BOARD COMMITTEES AND CHANGE OF AUTHORISED REPRESENTATIVE

The Board announces that Mr. Tong Wen-hsin will resign as (i) an executive Director; (ii) the chief executive officer; (iii) a member of each of the remuneration committee and nomination committee; and (iv) the authorised representative with effect from 1 February 2021.

RESIGNATION OF EXECUTIVE DIRECTOR

The board (the “ Board ”) of directors (the “ Directors ” and each a “ Director ”) of Brainhole Technology Limited (the “ Company ”) announces that Mr. Tong Wen-hsin (“ Mr. Tong ”) will resign from his position as an executive Director, the chief executive officer, a member of each of the remuneration committee and nomination committee and the authorised representative of the Company (the “ Authorised Representative ”) pursuant to Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 1 February 2021 so as to allow him to devote more time to pursue other career opportunities.

Mr. Tong has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.

The Board would like to take this opportunity to express its appreciation for the valuable contribution of Mr. Tong towards the Company during his tenure of service.

CHANGE IN COMPOSITION OF BOARD COMMITTEES

Following the resignation of Mr. Tong, he will cease to be a member of each of the remuneration committee and the nomination committee of the Board with effect from 1 February 2021.

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CHANGE OF AUTHORISED REPRESENTATIVE

The Board further announces that Ms. Wan Duo, an executive Director, will be appointed as the Authorised Representative with effect from 1 February 2021.

By order of the Board Brainhole Technology Limited Zhang Liang Johnson

Chairman and Executive Director

Hong Kong, 26 January 2021

As at the date of this announcement, the Board comprises three executive Directors, namely Mr. Zhang Liang Johnson, Mr. Tong Wen-hsin and Ms. Wan Duo and three independent non-executive Directors, namely Mr. Xu Liang, Mr. Chen Johnson Xi and Ms. Zhang Yibo.

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