hmvod Limited — Board/Management Information 2019

Oct 16, 2019

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.

hmvod Limited hmvod 視頻有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8103)

RESIGNATION OF EXECUTIVE DIRECTOR

AND APPOINTMENT OF EXECUTIVE DIRECTORS

The board (the “ Board ”) of directors (the “ Directors ”) of hmvod Limited (the “ Company ” together with its subsidiaries, the “ Group ”) hereby announces the following changes of Directors with effect from 16 October 2019.

1. Mr. Yuen Koon Tung (“ Mr. Yuen ”) has tendered his resignation as an executive Director of the Company;

2. Mr. He Dongyu (“ Mr. He ”) has been appointed as an executive Director of the Company; and

3. Mr. Ho Alvin Tzuen Chung (“ Mr. Ho ”) has been appointed as an executive Director of the Company.

RESIGNATION OF EXECUTIVE DIRECTOR

The Board announces that Mr. Yuen Koon Tung has tendered his resignation as an executive Director of the Company with effect from 16 October 2019 in order to devote more time to his respective personal businesses.

Mr. Yuen has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation that needs to be brought to the attention of the shareholders of the Company.

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APPOINTMENT OF EXECUTIVE DIRECTORS

The Board is pleased to announce that Mr. He has been appointed as an executive Director of the Company with effect from 16 October 2019.

The biographical information of Mr. He is set out below:

Mr. He , aged 42, Mr. He has been in the movie and film production industry since 2002. His passion and enthusiasm has led him to be involved in films and documentaries production for National Geography, America Top Model Show, CCTV and many others in China.

Mr. He was Partner and Executive Producer for PIG Production between 2006 and 2010. Starting from 2010, Mr. He started to invest and involved in many Chinese independent films like “Love Flu”, “The Mark Up Artist” and achieved substantial success.

Mr. He is currently an angel investor for late-stage film productions and distributions. He is well connected in the Chinese film industry and global copyright market.

Mr. He (i) does not hold any positions with the Company or other members of the Group; (ii) has not entered into any service contract with the Company or other members of the Group; (iii) was not connected and has no relationship with any existing or proposed Directors, senior management, substantial shareholders, or controlling shareholders of the Company; (iv) is not interested in and does not hold any short position in any shares or underlying shares in or any debentures of the Company or any of its associated corporation within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); and (v) did not hold any directorship in the last three years in public companies the securities of which are listed on any securities market in Hong Kong or overseas.

Pursuant to the appointment with Mr. He, his initial term of service shall be three years commencing from 16 October 2019 and is subject to rotation and re-election pursuant to the articles of association of the Company. Mr. He shall be entitled to receive a director’s fee of HK$120,000 per annum which is determined by the Board by reference to the duties and responsibilities undertaken by him as a Director of the Company.

Save as disclosed in this announcement, the Board is not aware of any other information in relation to Mr. He that is required to be disclosed pursuant to rule 17.50 (2)(h) to (v) of the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the “ GEM Listing Rules ”) or any other matter that needs to be brought to the attention of shareholders of the Company in relation to Mr. He’s appointment.

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The Board is also pleased to announce that Mr. Ho has been appointed as an executive Director of the Company with effect from 16 October 2019.

The biographical information of Mr. Ho is set out below:

Mr. Ho , aged 54, is currently a Director of Consortium Capital Co. Ltd. and several companies. Mr. Ho is one of the founder and GP of Hina-Consortium Beijing Fund, the fund is now evaluated at 5X return and is at matured stage. He was the non-executive Director for a US-based VC WI Harper. He also participated in many social duties; he was the investment advisor to Beijing Government, he was one of the founders of Beijing Huayuan Technology Association, as well as Secretary General of Mt. Jade Association Hong Kong.

Mr. Ho received his bachelor’s computer science degree from University of Southern California in 1985 and entered master program in computer science of University of Southern California in 1986.

Mr. Ho (i) does not hold any positions with the Company or other members of the Group; (ii) has not entered into any service contract with the Company or other members of the Group; (iii) was not connected and has no relationship with any existing or proposed Directors, senior management, substantial shareholders, or controlling shareholders of the Company; (iv) is not interested in and does not hold any short position in any shares or underlying shares in or any debentures of the Company or any of its associated corporation within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); and (v) did not hold any directorship in the last three years in public companies the securities of which are listed on any securities market in Hong Kong or overseas.

Pursuant to the appointment with Mr. Ho, his initial term of service shall be three years commencing from 16 October 2019 and is subject to rotation and re-election pursuant to the articles of association of the Company. Mr. Ho shall be entitled to receive a director’s fee of HK$120,000 per annum which is determined by the Board by reference to the duties and responsibilities undertaken by him as a Director of the Company.

Save as disclosed in this announcement, the Board is not aware of any other information in relation to Mr. Ho that is required to be disclosed pursuant to rule 17.50 (2)(h) to (v) of the GEM Listing Rules or any other matter that needs to be brought to the attention of shareholders of the Company in relation to Mr. Ho’s appointment.

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The Board would like to extend its warm welcome to Mr. He and Mr. Ho for joining the Board and thank Mr. Yuen for his past contributions to the Company.

By Order of the Board of hmvod Limited Lau Kelly Executive Director

Hong Kong, 16 October 2019

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

Executive Directors:

Mr. Lau Kelly (Chief Executive Officer)

Ms. Ho Chi Na

• Mr. He Dongyu

• Mr. Ho Alvin Tzuen Chung

Independent non-executive Directors:

• Mr. Ho Siu King, Stanley

• Mr. Hau Chi Kit

• Mr. Ma Stephen Tsz On

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules 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 GEM website at http://www.hkgem.com on the “Latest Company Announcements” page for 7 days from the date of its posting and on the website of the Company at www.hmvod.com.hk.

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