HKBN Ltd. — Board/Management Information 2015

Jun 1, 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.

==> picture [77 x 58] intentionally omitted <==

HKBN Ltd.

(Incorporated in the Cayman Islands with limited liability)

Stock Code: 1310

RESIGNATION OF NON-EXECUTIVE DIRECTOR AND MEMBER OF AUDIT COMMITTEE, REMUNERATION COMMITTEE AND NOMINATION COMMITTEE AND APPOINTMENT OF MEMBER OF REMUNERATION COMMITTEE

The Board of the Company announces that Mr. Roy Kuan has resigned as a nonexecutive director and member of the audit committee, remuneration committee and nomination committee of the Company with effect from 1 June 2015.

The Board also announces that Mr. William Chu Kwong Yeung, an executive director of the Company, has been appointed as a member of the remuneration committee of the Company with effect from 1 June 2015.

Resignation of non-executive director and member of audit committee, remuneration committee and nomination committee

The board of directors (the “ Board ”) of HKBN Ltd. (the “ Company ”) announces that Mr. Roy Kuan has tendered his resignation as a non-executive director and member of the audit committee, remuneration committee and nomination committee of the Company with effect from 1 June 2015 due to his other engagements which require more of his time and dedication.

Mr. Kuan is an employee of a member of the CVC Group (comprised of CVC Capital Partners SICAV-FIS S.A. and its subsidiaries) and became a director of the Company in December 2014 prior to the initial public offering and listing of the shares of the Company on The Stock Exchange of Hong Kong Limited on 12 March 2015. As at the date of this announcement, the shareholding in the Company of funds managed and advised by members of the CVC Group, through an indirect wholly-owned subsidiary, Metropolitan Light Group Holdings Limited, is approximately 5.95%.

1

Mr. Kuan confirms that there is no disagreement with the Board and there is no other matter that needs to be brought to the attention of the shareholders of the Company in relation to his resignation.

The Board would like to express its gratitude to Mr. Kuan for his valuable contribution and advice to the Company during his tenure of directorship.

Appointment of member of remuneration committee

The Board announces that Mr. William Chu Kwong Yeung, an executive director of the Company, has been appointed as a member of the remuneration committee of the Company with effect from 1 June 2015.

By order of the Board of Directors HKBN Ltd. Bradley Jay Horwitz Chairman

Hong Kong, 1 June 2015

As at the date of this announcement, the Board of Directors of the Company comprises Bradley Jay Horwitz as Chairman and Independent Non-executive Director, William Chu Kwong Yeung and Ni Quiaque Lai as Executive Directors, and Stanley Chow and Quinn Yee Kwan Law, SBS, JP as Independent Non-executive Directors.

2