Global Corn Group Limited — Board/Management Information 2018

Sep 27, 2018

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.

GLOBAL SWEETENERS HOLDINGS LIMITED 大成糖業控股有限公司[*]

(incorporated in the Cayman Islands with limited liability)

(Stock code: 03889)

(1) RESIGNATION OF CHAIRMAN AND EXECUTIVE DIRECTOR

(2) RESIGNATION OF CHIEF EXECUTIVE OFFICER

The Board announces that:

• (1) Mr. Kong Zhanpeng has resigned as the chairman and the executive Director with effect from 31 December 2018 and he will cease to be the chairman of the Nomination Committee, member of the Remuneration Committee, member of the Corporate Governance Committee and authorised representative of the Company under Rule 3.05 of the Listing Rules with effect from his resignation; and

• (2) Mr. Wang Jian has resigned as the chief executive officer of the Company with effect from 1 October 2018.

RESIGNATION OF CHAIRMAN AND EXECUTIVE DIRECTOR

The board (the “ Board ”) of directors (the “ Directors ”) of Global Sweeteners Holdings Limited (the “ Company ”) announces that Mr. Kong Zhanpeng has tendered his resignation as chairman and executive Director and will cease to be chairman of the nomination committee of the Company (the “ Nomination Committee ”), member of the remuneration committee of the Company (the “ Remuneration Committee ”), member of the corporate governance committee of the Company (the “ Corporate Governance Committee ”) and authorised representative of the Company under Rule 3.05 of the Rules (the “ Listing Rules ”) Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) with effect from 31 December 2018 due to his wish to focus on other business and personal affairs. Mr. Kong has confirmed that there is no disagreement with the members of the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company or the Stock Exchange.

• for identification purpose only

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RESIGNATION OF CHIEF EXECUTIVE OFFICER

The Board announces that Mr. Wang Jian has resigned as chief executive officer of the Company with effect from 1 October 2018, due to his wish to focus on other business and personal affairs. Mr. Wang has confirmed that he has no disagreement with the Board and there is no matter that needs to be brought to the attention of the shareholders of the Company in connection with his resignation.

The Board would like to express its gratitude to Mr. Kong and Mr. Wang for their valuable contributions to the Company during their respective tenure of service.

By order of the Board Global Sweeteners Holdings Limited Hui Ka Man Company Secretary

Hong Kong, 27 September 2018

As at the date of this announcement, the board of Directors comprises two executive Directors, namely, Mr. Kong Zhanpeng and Mr. Zhang Zihua; and three independent non-executive Directors, namely, Mr. Ho Lic Ki, Mr. Lo Kwing Yu and Mr. Yuen Tsz Chun.

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