CMON Limited — Board/Management Information 2024

Dec 30, 2024

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.

CMON LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1792)

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The board (the "Board") of directors (the "Director(s)") of CMON Limited (the "Company", together with its subsidiaries, the "Group") is pleased to announce that Ms. Li Xuejin (李學瑾) ("Ms. Li") has been appointed as a non-executive Director with effect from 30 December 2024.

The biographical details of Ms. Li are set out below:

Ms. Li, aged 36, has over 10 years of experience in the accounting and compliance industry. She joined Opes Services Pte. Ltd., a company in Singapore which provides accounting & GST services, in April 2014 and is currently a director of Opes Services Pte. Ltd., overseeing its operations.

Ms. Li obtained a Bachelor of Business Administration from the University of Northern Virginia in July 2008. Ms. Li completed Introductory Level, Intermediate Level and Advanced Level of the Certified Accounting Technician Examinations at session December 2008, June 2009 and June 2011 respectively. Ms. Li was also awarded the ATTS Specialist Certificate in Taxation in December 2018 by the Association of Taxation Technicians Singapore.

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Ms. Li has entered into a letter of appointment with the Company for a term of three years commencing from 30 December 2024 unless terminated by not less than three months' notice in writing served by either party on the other, and is subject to retirement by rotation and re-election and other related provisions as stipulated in the articles of association of the Company and the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). Pursuant to the letter of appointment, Ms. Li is entitled to an annual director's remuneration of 6,000 Singapore dollars, which was determined on the basis of her performance, responsibilities and commitment and the basis of salaries paid by comparable companies and tenure.

Save as disclosed herein and as at the date of this announcement, Ms. Li (i) does not and did not hold any directorship in other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the past three years; (ii) does not and did not hold any position with the Group; (iii) does not have any relationship with any Directors, senior management, substantial shareholders or controlling shareholders of the Company within the meaning of the Listing Rules; and (iv) does not have any interests in the shares of the Company and its associated corporation within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed herein, to the best knowledge, information and belief of the Directors, having made all reasonable enquiries, there are no other matters relating to the appointment of Ms. Li that need to be brought to the attention of the shareholders of the Company, nor is there any information that is required to be disclosed by the Company pursuant to the requirements under Rule 13.51(2)(h) to (v) of the Listing Rules as at date of this announcement.

The Board extends its warmest welcome to Ms. Li for joining the Board.

By Order of the Board

CMON Limited

Ng Chern Ann

Chairman, Joint Chief Executive Officer and Executive Director

Singapore, 30 December 2024

As at the date of this announcement, the executive Directors are Mr. Ng Chern Ann, Mr. David Doust and Mr. Koh Zheng Kai; the non-executive Directors are Mr. Frederick Chua Oon Kian, Mr. David Preti and Ms. Li Xuejin; and the independent non-executive Directors are Mr. Wong Yu Shan Eugene, Mr. Choy Man and Mr. Leung Yuk Hung Paul.