Kinetic Development Group Limited — Board/Management Information 2021

Aug 3, 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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KINETIC MINES AND ENERGY LIMITED 力量礦業能源有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1277)

CHANGE OF COMPANY SECRETARY, PROCESS AGENT AND AUTHORISED REPRESENTATIVE

RESIGNATION

The board of directors (the “ Board ”) of Kinetic Mines and Energy Limited (the “ Company ”) announces that Mr. Chan Kwok Wai, Danny (“ Mr. Chan ”) has tendered his resignations as the company secretary of the Company (the “ Company Secretary ”), the authorised representative for the acceptance of service of process and notices in Hong Kong on behalf of the Company under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the “ Process Agent ”) and an authorised representative of the Company pursuant to Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) (the “ Authorised Representative ”) with effect from 3 August 2021.

Mr. Chan has confirmed that he has no disagreement with the Board and there is no matter relating to his resignations which needs to be brought to the attention of the shareholders of the Company and the Stock Exchange.

APPOINTMENT

The Board is pleased to announce that Ms. Cheng Lucy (“ Ms. Cheng ”) has been appointed as the Company Secretary, the Process Agent and an Authorised Representative with effect from 3 August 2021 to fill the vacancies arising from the resignations of Mr. Chan.

Ms. Cheng is a senior corporate secretarial manager of Boardroom Corporate Services (HK) Limited. She is a Chartered Secretary, a Chartered Governance Professional and a fellow member of both The Hong Kong Chartered Governance Institute (formerly known as The Hong Kong Institute of Chartered Secretaries) and The Chartered Governance Institute (formerly known as The Institute of Chartered Secretaries and Administrators) in the United Kingdom. Ms. Cheng has over 15 years of experience in the corporate secretarial field.

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APPRECIATION AND WELCOME

The Board would like to thank Mr. Chan for his valuable contributions to the Company during his tenure of service and welcome Ms. Cheng to her new appointments.

By Order of the Board Kinetic Mines and Energy Limited Zhang Li Chairman and Executive Director

Hong Kong, 3 August 2021

As at the date of this announcement, the Board of the Company comprises seven directors, of whom three are executive directors, namely Mr. Zhang Li (Chairman), Mr. Zhang Liang, Johnson and Mr. Ju Wenzhong (Chief Executive Officer); one is the non-executive director, Ms. Zhang Lin, and three are independent non-executive directors, namely Ms. Liu Peilian, Mr. Zheng Ercheng and Ms. Xue Hui.

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