CBK Holdings Limited — Board/Management Information 2021

Jul 30, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) 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.

CBK Holdings Limited 國茂控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8428)

APPOINTMENT AND RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND

CHANGE OF MEMBER OF BOARD COMMITTEES

The Board is pleased to announce that Mr. Chong Alex Tin Yam has been appointed as an independent non-executive Director of the Company, the chairman of the Audit Committee and a member of each of the Remuneration Committee, the Nomination Committee and the Legal Compliance Committee of the Company, with effect from 30 July 2021.

The Board further announces that Mr. Law Yui Lun has tendered his resignation as an independent non-executive Director of the Company, the chairman of the Audit Committee and a member of each of the Remuneration Committee, the Nomination Committee and the Legal Compliance Committee of the Company with effect from 30 July 2021.

APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR AND MEMBER OF BOARD COMMITTEES

The board (‘‘Board’’) of directors (‘‘Directors’’) of CBK Holdings Limited (the ‘‘Company’’) is pleased to announce that Mr. Chong Alex Tin Yam (‘‘Mr. Chong’’) has been appointed as an independent non-executive Director of the Company, the chairman of the audit committee (the ‘‘Audit Committee’’) and a member of each of the remuneration committee (the ‘‘Remuneration Committee’’), the nomination committee (the ‘‘Nomination Committee’’) and the legal compliance committee (the ‘‘Legal Compliance Committee’’) of the Company, with effect from 30 July 2021 (the ‘‘Appointments’’). The biographical details of Mr. Chong are set out below:

Mr. Chong, aged 49, has cultivated nearly 20 years of entertainment, investment and financial advisory experiences in the Greater China, Japan, South Korea, Singapore and the United States of America (the ‘‘US’’) markets. From 2016 to 2018, he was the chief executive officer and executive director of Asia Fashion Holdings Limited, a company listed on the Main Board of the Singapore Stock Exchange in 2008 and delisted in September 2020. From 2013 to 2016, he was the director of Viriathus Capital LLC overseeing the US

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based investment bank’s Asia operation. From 2006 to 2008, he was a non-executive director of NutryFarm International Limited (formerly known as LottVision Limited), a company listed on the Main Board of the Singapore Stock Exchange (SGX:AZT).

Prior to commencing his commercial career in 2001, Mr. Chong spent 5 years working for the Hong Kong Government in the financial regulatory sector.

Mr. Chong received a Bachelor of Commerce Degree in Finance with honour from the University of Toronto and is a Certified Management Accountant (Australia).

Mr. Chong has entered into an appointment letter with the Company for a term of one year commencing from 30 July 2021 provided that at any time during the term of appointment, either party may terminate the appointment by giving to the other not less than one month’s prior notice in writing. His appointment is subject to retirement by rotation and re-election at annual general meeting of the Company in accordance with the Articles and the Rules Governing the Listing of the Securities on GEM of The Stock Exchange of Hong Kong Limited (‘‘GEM Listing Rules’’). Pursuant to the appointment letter, he will receive a director’s fee of HK$120,000 per annum.

Save as disclosed above, as at the date of this announcement, Mr. Chong confirm that he (i) does not hold any other position with the Company or its subsidiaries (together, the ‘‘Group’’) and other members of the Group or any other directorship in other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years or have any other major appointments and professional qualifications; (ii) does not have any relationship with other Directors, senior management, substantial or controlling shareholders of the Company (as defined in the GEM Listing Rules); and (iii) does not have any interests in the shares of the Company which are required to be disclosed pursuant to Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Mr. Chong has confirmed that he meets the independence criteria as set out in Rule 5.09 of the GEM Listing Rules. Save as disclosed above, there is no further information relating to Mr. Chong that is required to be disclosed pursuant to Rule 17.50(2)(h) to (v) of the GEM Listing Rules and there is no other matter in relation to the appointment of Mr. Chong that needs to be brought to the attention of the shareholders of the Company.

Following the appointment of Mr. Chong, the number of independent non-executive Director and the number of members of each of the Audit Committee, Remuneration Committee and Nomination Committee meet the requirements under Rules 5.05 and 5.28 of the GEM Listing Rules and the requirements as stipulated in the terms of reference of the respective committees.

The Board would like to take this opportunity to express warmest welcome Mr. Chong in joining the Board.

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RESIGNATION OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR AND MEMBER OF BOARD COMMITTEES

The Board hereby announces that Mr. Law Yui Lun (‘‘Mr. Law’’) has tendered his resignation as an independent non-executive Director of the Company, the chairman of the Audit Committee and a member of each of the Remuneration Committee, the Nomination Committee and the Legal Compliance Committee of the Company with effect from 30 July 2021 due to other business commitments.

Mr. Law has confirmed that he has no disagreement with the Board and there are no matters which need to be brought to the attention to shareholders of the Company and the Stock Exchange in relation to his resignation.

The Board would like to express its sincere gratitude to Mr. Law for his valuable contributions to the Company during his tenure of office.

By order of the Board CBK Holdings Limited CHOW Yik Chairman and Executive Director

Hong Kong, 30 July 2021

As at the date of this announcement, the chairman and an executive Director is Mr. CHOW Yik, the executive Director is Mr. CHAN Lap Ping and Mr. TSUI Wing Tak and the independent non-executive Directors are Mr. CHAN Hoi Kuen Matthew, Mr. CHONG Alex Tin Yam and Ms. Wong Syndia D.

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 Information’’ page of the GEM website at www.hkgem.com for at least seven days from the date of its publication and on the website of the Company at www.cbk.com.hk.

In the case of inconsistency, the English text of this announcement shall prevail over the Chinese text.

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