ICO Group Limited — Board/Management Information 2017

Dec 27, 2017

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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RESIGNATION OF EXECUTIVE DIRECTOR, INDEPENDENT NON-EXECUTIVE DIRECTOR AND AUDIT COMMITTEE’S AND NOMINATION COMMITTEE’S MEMBER

The board (the “ Board ”) of directors (the “ Directors ”) of AMCO United Holding Limited (the “ Company ”) announces that with effect from 27 December 2017, Mr. Peng Shiyuan (“ Mr. Peng ”) has resigned as an Executive Director and Mr. Li Kwok Fat (“ Mr. Li ”) has resigned as an Independent Non-executive Director as they wish to allocate more time to their personal commitments. Mr. Li has also ceased to be a member of each of the audit committee (the “ Audit Committee ”) and nomination committee (the “ Nomination Committee ”) of the Board as from 27 December 2017.

Mr. Peng and Mr. Li have confirmed that they do not have any disagreement with the Board and there is no matter in respect of their resignation that needs to be brought to the attention of the shareholders of the Company.

The Board would like to thank Mr. Peng and Mr. Li for their valuable contribution towards the Company during his tenure of office.

Following the resignation of Mr. Li, the number of Independent Non-executive Directors and the members of the Audit Committee will fall below the minimum number required under Rules 3.10(1) and 3.21 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”). The Company is endeavouring to identify suitable candidate to fill the vacancy as soon as practicable, with the relevant appointment(s) to be made within three months from the effective date of Mr. Li’s resignation as required under Rules 3.11 and 3.23 of the Listing Rules. The Company will make further announcement as and when appropriate.

* For identification purposes only

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By order of the Board AMCO United Holding Limited ZHANG Hengxin Chairman and Managing Director

Hong Kong, 27 December 2017

As at the date of this announcement, Mr. Zhang Hengxin and Mr. Jia Minghui are the Executive Directors; and Mr. Wong Siu Ki and Mr. Chan Tsz Keung are the Independent Non-executive Directors.

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