Futong Technology Development Holdings Limited — Board/Management Information 2016

Dec 30, 2016

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Futong Technology Development Holdings Limited 富通科技發展控股有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 465)

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND CHANGE IN COMPOSITION OF BOARD COMMITTEES

The board of directors (the “ Board ” or the “ Directors ”) of Futong Technology Development Holdings Limited (the “ Company ”) would like to announce that Mr. Ho Pak Tai Patrick (“ Mr. Ho ”) has tendered his resignation as an independent non-executive Director with effect from 1 January 2017 due to devotion to his other personal development. Upon the resignation becomes effective, Mr. Ho would also cease to be a member of each of the audit committee, nomination committee and remuneration committee of the Company. He has confirmed that he has no disagreement with the Board and there is no matter in respect of his resignation that ought to be brought to the attention of the shareholders of the Company.

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

The Board is also pleased to announce that Mr. Lee Kwan Hung, an independent non-executive Director, the chairman of the nomination committee and a member of the remuneration committee of the Company, has been appointed as a member of the audit committee of the Company with effect from 1 January 2017.

For and on behalf of the Board Futong Technology Development Holdings Limited Chen Jian Chairman

Hong Kong, 30 December 2016

As at the date of this announcement, the executive Directors are Mr. Chen Jian and Ms. Zhang Yun; and the independent non-executive Directors are Mr. Lee Kwan Hung, Mr. Chow Siu Lui, Mr. Yuan Bo and Mr. Ho Pak Tai Patrick.