Enterprise Development Holdings Limited — Board/Management Information 2021

May 24, 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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ENTERPRISE DEVELOPMENT HOLDINGS LIMITED 企展控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1808)

APPOINTMENT OF EXECUTIVE DIRECTOR AND CHANGE OF AUTHORISED REPRESENTATIVE

The board (the “ Board ”) of directors (the “ Directors ”) of Enterprise Development Holdings Limited (the “ Company ”) hereby announces that:-

1. Ms. Mao Junjie, an executive Director, ceased to act as an authorised representative of the Company as required under Rule 3.05 of the Rules Governing the Listing of Securities (the “ Listing Rules ”) on The Stock Exchange of Hong Kong Limited (the “ Authorised Representative ”); and

2. Ms. Li Zhuoyang (“ Ms. Li ”) (formerly, Li Yueqiu) was appointed as an executive Director, a member of each of the nomination committee of the Company and the remuneration committee of the Company (the “ Remuneration Committee ”) and the Authorised Representative with effect from 24 May 2021.

The biographical details of Ms. Li is set out below: -

Ms. Li , aged 46, obtained a bachelor’s degree from Southwestern University of Finance and Economics in December 1998. She is currently an EMBA student at China Europe International Business School. Ms. Li has joined 北京東方龍馬軟件發展有限公司 (Beijing Orient LegendMaker Software Development Co., Ltd.) (“ Beijing Orient LegendMaker ”), a non wholly-owned subsidiary of the Company since 2000. She was a director of Beijing Orient LegendMaker a legal representative and an executive director of each of 上海東方龍馬技術 有限公司(Shanghai Orient LegendMaker Technology Co., Ltd.) and 成都東方龍馬信息 產業有限公司(Chengdu Orient LegendMaker Information Industry Co., Ltd.*), all are non wholly-owned subsidiaries of the Company, and a legal representative of the Guangzhou Branch of Beijing Orient LegendMaker. Ms. Li has been a legal representative of Beijing Orient LegendMaker, chairman and president since 2019.

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Ms. Li has entered into a management employment contract with the Company on 24 May 2021 for an initial term of three years commencing from 24 May 2021 unless terminated by not less than one month’s notice in writing served by either party to the other or payment in lieu of notice. She is subject to retirement and re-election at the next annual general meeting of the Company after her appointment and thereafter subject to retirement by rotation in accordance with the articles of association of the Company. Ms. Li is entitled to a salaryof HK$30,000 per month, which is determined by the Board based on her duties and responsibilities in the Group and the prevailing market conditions. She is also entitled to a performance bonus after completion of 12-month services as may be determined by the Board with reference to the recommendation from the Remuneration Committee based on the financial performance of the Company and her performance.

Ms. Li did not hold any directorship in other listed companies during the past three years. She does not have any relationship with any Directors, senior management, substantial or controlling shareholders (as defined under the Listing Rules) of the Company. As at the date of this announcement, Ms. Li is interested in 6,481,413 share options exercisable into 6,481,413 shares granted by the Company pursuant to the share option scheme adopted by the Company on 26 May 2016 within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).

Save as disclosed above, neither is there any further information required to be disclosed pursuant to the requirements under Rule 13.51(2)(h) to (v) of the Listing Rules, nor is there any other matter relating to the appointment of Ms. Li that needs to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to welcome Ms. Li for joining the Board.

By Order of the Board Enterprise Development Holdings Limited Mao Junjie Executive Director

Hong Kong, 24 May 2021

As at the date of this announcement, the Board comprises two executive Directors, namely Ms. Mao Junjie and Ms. Li Zhuoyang, and two independent non-executive Directors, namely Mr. Cai Jinliang and Mr. Hui Yat On.

* For identification purposes only

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