HKBN Ltd. — Board/Management Information 2021

Dec 14, 2021

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.

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HKBN Ltd. 香港寬頻有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1310)

RESIGNATION AND APPOINTMENT OF NON-EXECUTIVE DIRECTORS AND MEMBERS OF NOMINATION COMMITTEE

The board of directors (the “ Board ”) of HKBN Ltd. (the “ Company ”) announces that:

1. Ms. Suyi Kim (“ Ms. Kim ”) has resigned as a Non-executive Director of the Company and a member of the Nomination Committee under the Board with effect from 14 December 2021;

2. Mr. Agus Tandiono (“ Mr. Tandiono ”) has been appointed as a Non-executive Director of the Company and a member of the Nomination Committee under the Board with effect from 14 December 2021; and

3. Ms. Shengping Yu (“ Ms. Yu ”) has been appointed as a Non-executive Director of the Company and a member of the Nomination Committee under the Board with effect from 14 December 2021.

RESIGNATION OF NON-EXECUTIVE DIRECTOR AND MEMBER OF NOMINATION COMMITTEE

Ms. Kim has tendered her resignation as a Non-executive Director of the Company and a member of the Nomination Committee under the Board with effect from 14 December 2021 due to change in role and relocation of work.

Ms. Kim has confirmed that she has no disagreement with the Board and there is no matter in relation to her resignation that needs to be brought to the attention of the shareholders of the Company.

APPOINTMENT OF NON-EXECUTIVE DIRECTORS AND MEMBERS OF NOMINATION COMMITTEE

The Board also announces that each of Mr. Tandiono and Ms. Yu has been appointed as a Nonexecutive Director of the Company and a member of the Nomination Committee under the Board with effect from 14 December 2021.

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The biographical details of Mr. Tandiono are as follows:

Mr. Agus Tandiono, aged 50, is a Senior Managing Director, Asia Regional Head and Head of Fundamental Equities Asia (“ FEA ”) at Canada Pension Plan Investment Board (“ CPP Investments ”), based in Hong Kong. As the Asia Regional Head, Mr. Tandiono leads the regional development and growth of CPP Investments’ business across Asia Pacific. In his role as Head of FEA, he leads a team of professionals that performs fundamental research on public equities, or soon-to-be public equities, and invests in quality companies throughout Asia. Prior to joining CPP Investments in January 2014, Mr. Tandiono spent a total of five years at Citadel (Asia) as Head of Asia Equity managing the Asia Equities Long Short sector portfolio, three years at Income Partners as Managing Partner and ten years at Fidelity Investments (HK) managing various sectors and country funds. Mr. Tandiono currently serves on the board of directors of Delhivery, a leading logistics company in India. Mr. Tandiono holds an MBA from Booth Graduate School of Business, University of Chicago, and a BBA from University of San Diego. He is also a Chartered Financial Analyst.

As at the date of this announcement, save as disclosed above, Mr. Tandiono (i) does not have any relationship with any other directors, senior management, substantial or controlling shareholders of the Company; (ii) is not interested or deemed to be interested in any shares or underlying shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance; (iii) did not hold any other directorships in public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; and (iv) does not hold any other position with the Company or any of its subsidiaries.

Mr. Tandiono will hold office until the first general meeting of the Company after his appointment and shall then be eligible for re-election at that meeting, and thereafter will be subject to retirement by rotation and re-election at the Company’s annual general meeting in accordance with the articles of association of the Company.

Mr. Tandiono has signed a letter of appointment issued by the Company. Under the letter of appointment, Mr. Tandiono will not receive any emoluments from the Company for his service as a Non-executive Director of the Company.

Save as disclosed above, there is no information which is required to be disclosed pursuant to any of the requirements of the provisions under Rules 13.51(2)(h) to 13.51(2)(v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”), and there is no other matter that needs to be brought to the attention of the shareholders of the Company in relation to the appointment of Mr. Tandiono.

The biographical details of Ms. Yu are as follows:

Ms. Shengping Yu, aged 36, is a director at MBK Partners and is based in Shanghai. Ms. Yu joined MBK Partners in 2011 and has been involved in MBK Partners’ investments in the telecommunications and media industries, including WTT Holding Corp and China Network Systems Co., Ltd.. Prior to joining MBK Partners, Ms. Yu was an associate in the investment banking division of Morgan Stanley in Hong Kong providing corporate advisory services, and she was also a consultant at Oliver Wyman in New York where she engaged in various projects, including due diligence, strategic planning, product launch, and operational improvement. Ms. Yu currently serves on the board of directors of Shanghai Siyanli Industrial Co., Ltd. and has experience serving on the board of directors of CAR Inc.. Ms. Yu received a Bachelor of Arts degree in economics from Harvard College and an MBA from the Wharton School of University of Pennsylvania. Ms. Yu is a Chartered Financial Analyst.

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As at the date of this announcement, save as disclosed above, Ms. Yu (i) does not have any relationship with any other directors, senior management, substantial or controlling shareholders of the Company; (ii) is not interested or deemed to be interested in any shares or underlying shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance; (iii) did not hold any other directorships in public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; and (iv) does not hold any other position with the Company or any of its subsidiaries.

Ms. Yu will hold office until the first general meeting of the Company after her appointment and shall then be eligible for re-election at that meeting, and thereafter will be subject to retirement by rotation and re-election at the Company’s annual general meeting in accordance with the articles of association of the Company.

Ms. Yu has signed a letter of appointment issued by the Company. Under the letter of appointment, Ms. Yu will not receive any emoluments from the Company for her service as a Non-executive Director of the Company.

Save as disclosed above, there is no information which is required to be disclosed pursuant to any of the requirements of the provisions under Rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules, and there is no other matter that needs to be brought to the attention of the shareholders of the Company in relation to the appointment of Ms. Yu.

The Board would like to express its gratitude to Ms. Kim for her valuable contribution and advice to the Company during her tenure of directorship and express its warmest welcome to Mr. Tandiono and Ms. Yu on their appointments.

By order of the Board HKBN Ltd. Bradley Jay HORWITZ Chairman

Hong Kong, 14 December 2021

As at the date of this announcement, the Board comprises:

Executive Directors Independent Non-executive Directors Mr. Chu Kwong YEUNG Mr. Bradley Jay HORWITZ (Chairman) Mr. Ni Quiaque LAI Mr. Stanley CHOW Mr. Quinn Yee Kwan LAW, SBS, JP

Non-executive Directors Mr. Agus TANDIONO Ms. Shengping YU Mr. Zubin Jamshed IRANI

Where the English and the Chinese texts conflict, the English text prevails.

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