Pacific Legend Group Limited — Board/Management Information 2021

Oct 13, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the “Stock Exchange” ) 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.

PACIFIC LEGEND GROUP LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8547)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (the “ Board ”) of directors (the “ Directors ”) of Pacific Legend Group Limited (the “ Company ”) is pleased to announce that Mr. Lee Fung Lun (“ Mr. Lee ”) has been appointed as an independent nonexecutive Director with effect from 13 October 2021.

Mr. Lee, aged 45, is currently the managing director of Zhongrong International Alternative Asset Management Limited, a company engaged in real estate investments in Greater China region. Mr. Lee has more than 22 years of experience in real estate investment, construction, property mortgage and property management services. Mr. Lee holds a Bachelor of Science degree in Real Estate from Hong Kong Polytechnic University, and an Estate Agent License (Individual) issued by the Estate Agents Authority.

Save as disclosed above, Mr. Lee has not held any directorship in any other public listed companies during the three years preceding the date of this announcement nor does he, as at the date of this announcement, have any relationship with any Directors, senior management, substantial shareholders or controlling shareholders of the Company.

As at the date of this announcement, Mr. Lee does not have any interests in the shares or underlying shares of the Company within the meaning of Part XV of Securities and Futures Ordinance (Chapter 571 of Laws of Hong Kong).

Pursuant to Mr. Lee’s appointment letter with the Company, (i) his appointment is for an initial term of one year commencing on the date of his appointment. During the initial term, either party shall be entitled to terminate the letter of appointment by serving not less than three months’ written notice upon the other side; (ii) he is entitled to receive an annual director’s fee of HK$60,000, which is commensurate with his duties and responsibilities held and is approved by the Board with reference to the prevailing market situation. Mr. Lee will not be entitled to any bonus payment.

Mr. Lee shall hold office until the next annual general meeting of the Company pursuant to Article 83(3) of the Articles of Association of the Company, and be eligible for re-election in such annual general meeting. He will also be subject to retirement by rotation and re-election in accordance with Article 84(1) of the Articles of Association of the Company.

To the best of the Director’s knowledge, information and belief, having made reasonable enquiry and save as disclosed above, there are no other matters concerning Mr. Lee that need to be brought to the attention of the shareholders of the Company nor is there any information required to be disclosed pursuant to Rule Rules 17.50(2)(h) to 17.50(2)(v) of the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the “GEM Listing Rules”).

Save as disclosed above, as of the date of this announcement Mr. Lee does not hold any other positions with the Company or its subsidiaries, nor does he join any board committees of the Company.

The Board would like to take this opportunity to welcome Mr. Lee to join the Board.

By order of the Board Pacific Legend Group Limited

John Warren McLennan Chairman, Chief Executive Officer and Executive Director

Hong Kong, 13 October 2021

As at the date of this announcement, the Board comprises Mr. John Warren McLennan, Ms. Mok Lai Yin Fiona, Mr. So Kin Ting Wilson and Mr. Zheng Tianzhi as executive Directors, Mrs. Jennifer Carver McLennan as non-executive Director, and Ms. Lale Kesebi, Mr. Roderick Donald Nichol, Mr. So Alan Wai Shing, Mr. Lee Kwong Ming and Mr. Lee Fung Lun as independent non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purposes of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief, (i) the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive; (ii) there are no other matters the omission of which would make any statement herein or this announcement misleading; and (iii) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.

This announcement will remain on the “Latest Listed Company Information” page of the website of the Stock Exchange at www.hkexnews.hk for at least seven days from the day of its posting. This announcement will also be published on the Company’s website at www.pacificlegendgroup.com.