Mobvista Inc. — Board/Management Information 2020

Jul 7, 2020

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.

Mobvista Inc. 匯量科技有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1860)

CHANGE OF DIRECTOR AND CHANGE IN THE COMPOSITION OF BOARD COMMITTEE

The board (the “ Board ”) of directors (the “ Director(s) ”) of Mobvista Inc. (the “ Company ”), announces that with effect from 7 July 2020:

1. Mr. WANG Jianxin has resigned as an independent non-executive Director and a member and chairman of the audit committee of the Company (the “ Audit Committee ”); and

2. Mr. SUN Hongbin has been appointed as an independent non-executive Director and a member and chairman of the Audit Committee.

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board hereby announces that Mr. WANG Jianxin (“ Mr. Wang ”) had tendered his resignation as an independent non-executive Director with effect from 7 July 2020 in order to devote more time and energy to his commitments and responsibilities in his own career and business.

Mr. Wang confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) or the shareholders of the Company (the “ Shareholders ”).

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APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board is pleased to announce that Mr. SUN Hongbin (“ Mr. Sun ”) has been appointed as an independent non-executive Director with effect from 7 July 2020.

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

Mr Sun, age 45, has over 22 years of finance experience. He has served as an independent non-executive director of Cstone pharmaceuticals (HKEx stock code: 2616) since 2019 and New Century Healthcare Holding Co., Limited (HKEx stock code: 1518) since 2016. He has served as the chief financial officer of MicroPort Scientific Corporation (HKEx stock code: 0853) (“ MicroPort ”) since 2010 and served as its executive director from 2010 to 2012. He was the financial director of Otsuka (China) Investment Co., Ltd. from 2004 to 2006 and then worked as its general manager from 2006 to 2010. From 1998 to 2004, he was an assistant manager in the Audit department of the Shanghai office of KPMG.

Mr. Sun is a member of the Chinese Institute of Certified Public Accountants currently and is also a Chartered Financial Analyst since 2019. He received his bachelor’s degree in accounting from Shanghai Jiao Tong University in China in 1998.

Pursuant to the appointment letter entered into between the Company and Mr. Sun, Mr. Sun is appointed for an initial term of three years and his appointment is subject to retirement by rotation and re-election in accordance with the articles of association of the Company. Mr. Sun is entitled to a director’s fee of US dollar 20,000 (equivalent to HK dollar 155,000) per year. The director’s fee has been mutually agreed upon between the Board and Mr. Sun with reference to his duties and responsibilities toward the Company and prevailing market conditions as well as the recommendation from remuneration committee of the Company.

Save as disclosed above, as at the date of this announcement, Mr. Sun (i) does not hold any other position within the Group; (ii) does not have any relationship with any Directors, senior management of the Company or substantial or controlling Shareholders; (iii) did not hold any directorship in any other listed companies in the past three years; and (iv) does not have any interests in shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, as at the date of this announcement, there is no other information relating to Mr. Sun that is required to be disclosed pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on the Stock Exchange and no other matter in relation to his appointment that needs to be brought to the attention of the Shareholders.

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CHANGE OF COMPOSITION OF BOARD COMMITTEE

Subsequent to the resignation of Mr. Wang, Mr. Wang has ceased to be the member and chairman of the audit committee of the Company with effect from 7 July 2020. Mr. Sun, an independent non-executive Director, has been appointed as the member and chairman of the Audit Committee with effect from 7 July 2020.

The Board would like to take this opportunity to thank Mr. Wang for his contribution to the Company during his tenure of office, and express warm welcome to Mr. Sun on his joining of the Board.

By order of the Board Mobvista Inc. DUAN Wei Chairman

Guangzhou, PRC, 7 July 2020

As at the date of this announcement, the Board comprises Mr. DUAN Wei (chairman and chief executive officer), Mr. CAO Xiaohuan (President) and Mr. FANG Zikai as executive Directors; Mr. YING Lei, Mr. HU Jie and Mr. SUN Hongbin as independent non-executive Directors.

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