Pacific Legend Group Limited — Board/Management Information 2021

Apr 22, 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)

APPOINTMENTS OF EXECUTIVE DIRECTOR AND INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board is pleased to announce that with effect from 22 April 2021, (a) Mr. So Kin Ting Wilson (“Mr. So”) has been appointed as an executive Director and (b) Mr. Lee Kwong Ming (“Mr. Lee”) has been appointed as an independent non-executive Director.

Mr. So, aged 37, is currently the deputy general manager of Sirius Venture Management Limited, a company providing financial advisory and business consultancy services. He has more than 10 years’ experience in corporate finance, investment analysis and consultancy services. He graduated from La Trobe University, Melbourne, Australia, with a Bachelor of Business, and obtained a Master of Corporate Finance in the Hong Kong Polytechnic University.

Mr. Lee, aged 49, is a fellow member and a practising certificate holder of Hong Kong Institute of Certified Public Accountants. He is also a fellow member of the Association of International Accountants. He is currently full-time practising on his own name and has more than 25 years’ experience in audit, tax and company secretarial services.

Save as disclosed above, neither Mr. So nor Mr. Lee have held any directorship in any other public listed companies during the three years preceding the date of this announcement nor do they, 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, neither Mr. So nor Mr. Lee 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. So’s service agreement with the Company, (i) the appointment of Mr. So is for an initial term of three years commencing on the date of his appointment, and would continue thereafter unless and until terminated by either party by giving at least three months’ notice in writing; (ii) he is entitled to receive a fixed salary of HK$240,000 per annum, together with any other emolument as determined by the Board from time to time based on his performance, experience, responsibilities and prevailing market conditions.

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.

Both Mr. So and Mr. Lee shall hold office until the forthcoming annual general meeting of the Company (due to be held by 30 June 2021) pursuant to Article 83(3) of the Articles of Association of the Company, and be eligible for re-election in such annual general meeting. They 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. So and 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 neither Mr. So nor Mr. Lee hold any other positions with the Company or its subsidiaries, and they do not join any board committees of the Company.

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

By order of the Board Pacific Legend Group Limited John Warren McLennan Chairman and Executive Director

Hong Kong, 22 April 2021

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