HSC Resources Group Limited — Board/Management Information 2021

Nov 1, 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.

WINDMILL GROUP LIMITED ( 海鑫集團有限公司 )

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1850)

APPOINTMENT OF EXECUTIVE DIRECTOR

The board (the “ Board ”) of directors (the “ Director(s) ”) of WINDMILL Group Limited (the “ Company ” and together with its subsidiaries, the “ Group ”) hereby announces that with effect from 1 November 2021:

• Mr. Liu Shihao (“ Mr. Liu ”) shall be appointed as an executive Director of the Company.

Information relating to Mr. Liu

The biographical details of Mr. Liu are set out as follows:

Mr. Liu, aged 27, obtained his master’s degree in Finance from City University of Hong Kong and bachelor’s degree in mechatronic engineering from Chongqing University in the People’s Republic of China. Mr. Liu is now the executive Director and chairman of the Investment Committee of DeTai New Energy Group Limited (stock code: 559), a company listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”). Mr. Liu worked for Cornerstone Financial Holdings Limited (stock code: 8112), a company listed on the GEM of the Hong Kong Stock Exchange, from July 2020 to November 2020, where his responsibilities included investment analyzing and post investment project supervising. Mr. Liu worked for PacRay International Holdings Limited (stock code: 1010), a company listed on the Main Board of the Hong Kong Stock Exchange, from July 2019 to July 2020, where his responsibilities included due diligence and research of some potential investment projects.

As at the date of this announcement, Mr. Liu did not have any interest in Shares within the meaning of Part XV of the SFO.

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Mr. Liu will enter into a service contract with the Company in his capacity as an executive Director for an initial term of three years, and thereafter from year to year, subject to retirement by rotation and re-election at annual general meetings of the Company in accordance with its articles of association of the Company. He will be entitled to an basic salary as an executive Director of HKD10,000 per month. Mr. Liu may receive bonuses, share options or other share based incentives in addition to his normal remuneration, such awards being entirely in the discretion of the Board and dependent on certain factors including, but not limited to, the operating results and requirements of the Group. Mr. Liu’s remuneration has been reviewed by the remuneration committee of the Company and determined by the Board with reference to market rates and his qualifications and experience.

Save as disclosed above, (i) Mr. Liu has not held any directorships in public companies the securities of which are listed in Hong Kong or overseas in the last three years; (ii) Mr. Liu has not held any other positions in the Company or any of its subsidiaries; (iii) Mr. Liu does not have any relationship with any other directors, senior management or substantial or controlling shareholders of the Company; (iv) Mr. Liu does not have any interest in the listed securities of the Company within the meaning of Part XV of the SFO; and (v) there is no information relating to Mr. Liu that is required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on the Stock Exchange or any other matter concerning Mr. Liu’s appointment that needs to be brought to the attention of the Shareholders.

The Board would like to take this opportunity to express its warmest welcome to Mr. Liu.

By order of the Board WINDMILL Group Limited Li Shing Kuen Alexander Chairman and chief executive officer

Hong Kong, 1 November 2021

As at the date of this announcement, the executive Directors are Mr. Li Shing Kuen Alexander and Mr. Liu Shihao and the independent non-executive Directors are Mr. Pun Kin Wa, Mr. Tsang Man Biu and Mr. Lee Kwok Tung Louis.

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