CBK Holdings Limited — Board/Management Information 2021

Jan 11, 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)

RESIGNATION OF AN INDEPENDENT EXECUTIVE DIRECTOR AND CHANGE IN COMPOSITION OF BOARD COMMITTEES

The Board hereby announces that:

• (a) Mr. Chung Wing Yin has tendered his resignation as an independent non-executive Director of the Company and ceased to act as the chairman of the Remuneration Committee and a member of each of the Audit Committee, Nomination Committee and the Legal Compliance Committee of the Company, with effect from 8 January 2021; and

• (b) Following the resignation of Mr. Chung, Ms. Wong Syndia D has been appointed as the chairman of the Remuneration Committee and a member of each of the Audit Committee, Nomination Committee and the Legal Compliance Committee of the Company, with effect from 8 January 2021.

RESIGNATION OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (‘‘Board’’) of directors (‘‘Directors’’) of CBK Holdings Limited (the ‘‘Company’’, together with its subsidiaries, the ‘‘Group’’) hereby announces that Mr. Chung Wing Yin (‘‘Mr. Chung’’) has tendered his resignation as an independent nonexecutive Director of the Company and ceased to act as the chairman of the Remuneration Committee and a member of each of the Audit Committee, the Nomination Committee and the Legal Compliance of the Company, with effect from 8 January 2021 in order to devote more time to his other business commitments.

Mr. Chung 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. Chung for his valuable contributions to the Company during his tenure of office.

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CHANGE IN COMPOSITION OF BOARD COMMITTEES

Following the resignation of Mr. Chung, Ms. Wong Syndia D, an independent non-executive Director, has been appointed as the chairman of the Remuneration Committee and a member of each of the Audit Committee, Nomination Committee and the Legal Compliance Committee of the Company, with effect from 8 January 2021.

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

Hong Kong, 11 January 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. LAW Yui Lun, Mr. LU Jun Bo 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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