IGG Inc — Board/Management Information 2025

Jun 26, 2025

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.

ORIENTAL WATCH HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability)

(the "Company")

(Stock Code: 398)

CHANGES IN MEMBERSHIP OF NOMINATION COMMITTEE

The Company announces the following changes in membership of its nomination committee all with effect on 26 June 2025:

1. Madam Yeung Man Yee, Shirley be appointed a member of such committee;
2. Mr. Yeung Him Kit, Dennis shall cease to be a member and the Chairman of such committee; and
3. Mr. Choi Man Chau, Michael (an independent non-executive director of the Company) shall be the new Chairman of such committee.

The above changes are made to comply with (i) the new Code Provision B.3.5 of the Corporate Governance Code in Part 2 of Appendix C1 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") requiring the Company to appoint at least one director of a different gender to its nomination committee (which will come into effect on 1 July 2025); and (ii) Rule 3.27A of the Listing Rules which stipulates that the nomination committee must be chaired by the chairman of the board or an independent non-executive director and comprising a majority of independent non-executive directors.

By Order of the Board

Yeung Him Kit, Dennis

Chairman

Hong Kong, 26 June 2025

As at the date of this announcement, the executive directors of the Company are Mr. Yeung Him Kit, Dennis (the Chairman), Madam Yeung Man Yee, Shirley and Mr. Lam Hing Lun, Alain, and the independent non-executive directors are Mr. Choi Man Chau, Michael, Mr. Sun Dai Hoe Harold and Mr. Sin Nga Yan, Benedict.