P.B. Group Limited — Board/Management Information 2018

Feb 12, 2018

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 sand 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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RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND CHANGE OF COMPOSITION OF THE BOARD COMMITTEE

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (the “ Board ”) of directors (the “ Directors ”, and each, a “ Director ”) of Feishang Nonmetal Materials Technology Limited (the “ Company ”) announces that Ms. Cheuk Tat Yee (“ Ms. Cheuk ”) has resigned as independent non-executive Director with effect from 12 February 2018 due to her other business engagement. Ms. Cheuk has also ceased to act as the chairman of the audit committee and a member of each of the nomination committee and remuneration committee.

Ms. Cheuk has confirmed that she has no disagreement with the Board and there is no matter in relation to her resignation 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 express its sincere gratitude to Ms. Cheuk for her contribution to the Company during her tenure of office.

CHANGE OF COMPOSITION OF BOARD COMMITTEE

The Board announces that Mr. Ko Yat Fei has been appointed as the chairman of the audit committee with effect from 12 February 2018.

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By order of the Board Feishang Non-metal Materials Technology Limited SU Chun Xiang Executive Director

Hong Kong, 12 February 2018

As at the date of this announcement, the Board comprises (i) one executive Director, namely Mr. SU - Chun Xiang; and (ii) three independent non executive Directors, namely Mr. KO Yat Fei, Mr. CHOW Chi Hang Tony and Ms. SHAO Yu.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose 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 the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website at www.hkgem.com for at least seven days from the day of its publication. This announcement will also be published on the Company’s website at www.fsnmmaterials.com.

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