Future Data Group Limited — Board/Management Information 2016

Nov 2, 2016

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.

FUTURE DATA GROUP LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 8229)

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

The Board is pleased to announce that, with effect from 2 November 2016, Mr. Sum has been appointed as an INED.

Mr. Sum has also been appointed as the chairman and a member of the Audit Committee with effect from 2 November 2016.

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

With reference to the announcement of Future Data Group Limited (the “ Company ”) dated 18 October 2016, the board (the “ Board ”) of directors (the “ Directors ”) of the Company is pleased to announce that, with effect from 2 November 2016, Mr. Sum Chun Ho (“ Mr. Sum ”) has been appointed as an independent non-executive director (“ INED(s) ”) of the Company.

The biographical details of Mr. Sum are set out in the paragraphs below:

Mr. Sum Chun Ho (沈振豪) , aged 45, has over 20 years of experience in the field of professional accounting services. Mr. Sum obtained a master’s degree in accounting from Monash University. Mr. Sum is a member of Hong Kong Institute of Certified Public Accountants and a member of CPA Australia. Mr. Sum is currently the sole proprietor of C. H. Sum & Co., a firm of certified public accountants, and a partner of Martin C. K. Pong & Company, a firm of certified public accountants.

As at the date of this announcement, Mr. Sum has entered into a letter of appointment with the Company for an initial term of three years commencing from 2 November 2016. Mr Sum shall hold office until the first general meeting of the Company after

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his appointment and shall then be eligible for re-election at that meeting. He is subject to the retirement by rotation and re-election at the annual general meetings of the Company in accordance with the articles of association of the Company. Mr. Sum is entitled to a monthly director fee of HK$8,000, which is determined with reference to his duties and level of responsibilities and the remuneration policy of the Company and the prevailing market conditions.

Save as disclosed above, Mr. Sum confirms that he does not have any shares or underlying shares in the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) or hold any directorship in the last three years in other public companies the securities of which are listed on any securities market in Hong Kong or overseas or any other major appointments or qualifications as at the date of this announcement. Mr. Sum further confirms that he does not have any relationship with any directors, senior management, substantial or controlling shareholders of the Company as at the date of this announcement.

Save as disclosed above, Mr. Sum confirms that there are no other matters or information that needs to be brought to the attention of the shareholders nor is there any information that is required to be disclosed by the Company pursuant to any of the requirements under rule 17.50(2)(h) to (v) of the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the “ GEM Listing Rules ”).

The Board would like to extend a warm welcome to Mr. Sum in joining the Board.

CHANGE IN COMPOSITION OF BOARD COMMITTEES

Mr. Sum has also been appointed as the chairman and a member of the audit committee (the “ Audit Committee ”) of the Company with effect from 2 November 2016.

COMPLIANCE WITH REQUIREMENTS UNDER RULES 5.05, 5.05A AND 5.28 OF THE GEM LISTING RULES

According to rule 5.05 of the GEM Listing Rules, every board of directors of an issuer must include at least 3 independent non-executive directors and at least one of the independent non-executive directors must have appropriate professional qualifications or accounting or related financial management expertise.

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According to rule 5.05A of the GEM Listing Rules, an issuer must appoint independent non-executive directors representing at least one-third of the board.

According to rule 5.28 of the GEM Listing Rules, the audit committee of every issuer must comprise a minimum of 3 members, at least one of whom is an independent non-executive director with appropriate professional qualifications or accounting or related financial management expertise as required in rule 5.05(2) of the GEM Listing Rules.

Following the appointment of Mr. Sum with effect from 2 November 2016, the Company has eight Directors, among which three of them are INEDs. As the number of INEDs is not less than 3 and represents no less than one-third of the Board as required under rules 5.05(1) and 5.05A of the GEM Listing Rules, the Company is in compliance with the requirements under rules 5.05(1) and 5.05A of the GEM Listing Rules. Further, as the Audit Committee comprises three members and Mr. Sum, one of the INEDs and the chairman of the Audit Committee, has appropriate professional qualifications or accounting or related financial management expertise, the Company is in compliance with the requirements under rules 5.05(2) and 5.28 of the GEM Listing Rules.

By order of the Board Future Data Group Limited Suh Seung Hyun Chairman

Hong Kong, 2 November 2016

As at the date of this announcement, the executive directors of the Company are Mr. Suh Seung Hyun, Mr. Phung Nhuong Giang, Mr. Lee Seung Han, Mr. Ryoo Seong Ryul and Mr. Park Hyeoung Jin, and the independent non-executive directors of the Company are Mr. Wong Sik Kei, Mr. Ho, Kam Shing Peter and Mr. Sum Chun Ho.

This announcement, for which the directors of the Company collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market (“GEM”) of The Stock Exchange of Hong Kong Limited 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 Company Announcements” page of the GEM website at www.hkgem.com for at least 7 days from the date of its posting and on the Company’s website at www.futuredatagroup.com.

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