PegBio Co., Ltd. — Board/Management Information 2016

Jul 22, 2016

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 Bermuda with limited liability)

(Stock Code: 1141) (Warrant Code: 1153)

APPOINTMENT OF EXECUTIVE DIRECTOR AND CHANGE OF CHIEF EXECUTIVE OFFICER

The Board announces that with effect from 22 July 2016:

1. Mr. Wang has been appointed as an Executive Director of the Company; and

2. Mr. Ng, an Executive Director of the Company, has stepped down from his position as the Chief Executive Officer of the Company and Mr. Wang has been appointed as the Chief Executive Officer of the Company.

1. APPOINTMENT OF EXECUTIVE DIRECTOR

The board (the “Board”) of directors (the “Directors”) of Skyway Securities Group Limited (the “Company”, together with its subsidiaries the “Group”) announces that with effect from 22 July 2016, Mr. Wang Haixiong (“Mr. Wang”) has been appointed as an Executive Director of the Company.

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

＊ For identification purposes only

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Mr. Wang, aged 44, holds a Master degree in Economics from Economic Management School of Jilin University and a Bachelor degree in Economics from Lingnan College of Sun Yat-sen University. He has obtained top scorer of Science in the matriculation examination in Hainan Province in 1989. Mr. Wang has extensive experience in professional investment and corporate management. Mr. Wang has been the director of Skyway Asset Management Limited, being a subsidiary of the Company since August 2015. Prior to joining the Group, Mr. Wang served as an executive director of China Soft Power Technology Holdings Limited (“China Soft”) during the period from April 2015 to July 2016, the shares of which are listed on the main board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”). Mr. Wang also served as the chairman of China Soft during the period from April 2015 to November 2015. Mr. Wang served as a vice president of China Asset Management (Hong Kong) Limited, a member of the Investment Committee, a deputy director of corporate investments and a chief investment officer of China Asset Management Co., Ltd. from 2010 to February 2015. During 2003 to 2010, Mr. Wang served as a general manager of the head office of investment management of Goldstate Securities Joint Stock Co., Ltd. and a vice president of Goldstate Securities Joint Stock Co., Ltd.

Save as disclosed above, Mr. Wang has not held any other directorship in other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the three years prior to the date of this announcement.

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

As disclosed above, during the period from April 2015 to July 2016, Mr. Wang served as an executive director of China Soft which is a substantial shareholder of the Company as at the date of this announcement. Save as disclosed above, Mr. Wang does not have any relationship with any directors, senior management, substantial shareholders or controlling shareholders of the Company.

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There is no service contract entered into between the Company and Mr. Wang as at the date of this announcement. The directorship of Mr. Wang will be subject to retirement by rotation and re-election pursuant to the Company’s bye-laws. Mr. Wang is entitled to receive a director’s remuneration of HK$80,000 per month which has been approved by the Remuneration Committee based on his qualifications, experience, level of responsibilities undertaken, contribution to the Company and prevailing market conditions. The director’s remuneration of Mr. Wang is subject to annual review by the Remuneration Committee.

Save as disclosed above, there are no other matters that need to be brought to the attention of the shareholders of the Company and there is no other information to be disclosed pursuant to the requirements of Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on the Stock Exchange in relation to the appointment of Mr. Wang as an Executive Director of the Company.

2. CHANGE OF CHIEF EXECUTIVE OFFICER

The Board further announces that with effect from 22 July 2016, Mr. Ng Kwok Leung (“Mr. Ng”), an Executive Director of the Company, has stepped down from his position as the Chief Executive Officer of the Company and Mr. Wang has been appointed as the Chief Executive Officer of the Company.

The Board would like to extend its warmest welcome to Mr. Wang for taking up the positions of the Executive Director and Chief Executive Officer of the Company and express its gratitude to Mr. Ng for his leadership and valuable contribution to the Company.

By order of the Board Skyway Securities Group Limited Lin Yuehe Chairlady

Hong Kong, 22 July 2016

As at the date of this announcement, the Board comprises the following Directors:

Executive Directors: Independent Non-executive Directors: Ms. Lin Yuehe (Chairlady) Mr. Chan Kwan Pak Mr. Wang Haixiong (Chief Executive Officer) Mr. Siu Gee Tai Mr. Ng Kwok Leung Mr. Siu Siu Ling Robert Mr. Tam Tak Wah

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