Newton Resources Ltd — Board/Management Information 2020

Mar 1, 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.

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(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1231)

RETIREMENT OF EXECUTIVE DIRECTOR AND CHIEF OPERATING OFFICER

The board (the “ Board ”) of directors (the “ Directors ”) of Newton Resources Ltd (the “ Company ”, and together with its subsidiaries, the “ Group ”) announces that Mr. Li Changfa (“ Mr. Li ”) has retired as an executive Director and the chief operating officer of the Company upon expiration of his employment term with effect from 1 March 2020 due to his desire to devote more time to his personal affairs.

Mr. Li confirmed that he has no disagreement with the Board and there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Li for his invaluable contributions to the Group during his tenure of service.

By Order of the Board Newton Resources Ltd Chong Tin Lung, Benny Chairman and Executive Director

Hong Kong, 1 March 2020

As at the date of this announcement, the executive Directors are Mr. Chong Tin Lung, Benny and Mr. Luk Yue Kan; and the independent non-executive Directors are Mr. Tsui King Fai, Mr. Lee Kwan Hung, Eddie and Mr. Shin Yick, Fabian.