G-Resources Group Limited — Board/Management Information 2015

Feb 27, 2015

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.

PALADIN LIMITED

(Incorporated in Bermuda with limited liability) (Stock code: 495 and 642 (Preference Shares))

APPOINTMENT OF

INDEPENDENT NON-EXECUTIVE DIRECTOR, MEMBER OF AUDIT COMMITTEE, REMUNERATION COMMITTEE AND NOMINATION COMMITTEE AND LIST OF DIRECTORS AND THEIR ROLES AND FUNCTIONS

Reference is made to announcement of Paladin Limited (the “Company” and together with its subsidiaries, the “Group”) dated 1 December 2014.

The board of directors of the Company (the “Board”) is pleased to announce that Dr. Au Chik Lam Alexander (“Dr. Au”) has been appointed as an independent non-executive director and a member of the audit committee, remuneration committee and nomination committee of the Company with effect from 27 February 2015.

Dr. Au, aged 71, holds a Bachelor of Science degree in electrical engineering from The University of California, Los Angeles, a Master of Science degree and a Doctor of Philosophy in electrical engineering from Stanford University.

Dr. Au has worked in technology industries in the United States and Taiwan for many years. He currently is a founder and Chief Executive Officer of a private company.

Save as disclosed above, Dr. Au has not held any other directorships in the last three years in public companies, the securities of which are listed on any securities market in Hong Kong or overseas and holds no other positions with the Company or other members of the Group.

1

No service contract has been entered into between Dr. Au and the Company in relation to his appointment. The emoluments of Dr. Au will be determined by the remuneration committee of the Company by reference to his duties and responsibilities with the Company at a later date. Dr. Au currently has no fixed term of service with the Company and is subject to retirement by rotation and re-election at the next following general meeting of the Company in accordance with the Bye-laws of the Company.

Dr. Au does not have any relationship with other directors, senior management, substantial or controlling shareholders of the Company and he does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, there are no other matters relating to the appointment of Dr. Au that need to be brought to the attention of the shareholders of the Company and there is no other information that should be disclosed pursuant to Rules 13.51(2)(h) to (v) of the Listing Rules.

The Board would like to take this opportunity to express its warmest welcome to Dr. Au in joining the Board.

Following the appointment of Dr. Au, the Board has fulfilled the requirements under Rule 3.10(1) of the Listing Rules, which requires the minimum number of the independent nonexecutive Directors.

LIST OF DIRECTORS AND THEIR ROLES AND FUNCTIONS

The members of the Board with effect from 27 February 2015 are set out below:

Executive Director

Dr. Oung Shih Hua, James (Chairman)

2

Non-executive Directors

Mr. Chan Chi Ho Mr. Yuen Chi Wah

Independent non-executive Directors

Mr. Kwok Wai Chi Professor Huang Weizong Martin Dr. Au Chik Lam Alexander

The details of the current membership of the committees are set out below:

Audit committee	Remuneration committee	Nomination committee
Mr. Kwok Wai Chi (Chairman)	Mr. Kwok Wai Chi (Chairman)	Dr. Oung Shih Hua, James (Chairman)
Professor Huang Weizong Martin	Professor Huang Weizong Martin	Professor Huang Weizong Martin
Mr. Chan Chi Ho	Dr. Oung Shih Hua James	Mr. Kwok Wai Chi
Dr. Au Chik Lam Alexander	Dr. Au Chik Lam Alexander	Dr. Au Chik Lam Alexander

By order of the board of directors of

Paladin Limited Oung Shih Hua, James Chairman

Hong Kong, 27 February 2015

As at the date of this announcement, the Chairman and executive director of the Company is Dr. Oung Shih Hua, James; the non-executive directors of the Company are Mr. Yuen Chi Wah and Mr. Chan Chi Ho; and the independent non-executive directors of the Company are Dr. Au Chik Lam Alexander, Mr. Kwok Wai Chi and Professor Huang Weizong Martin.

3