Phoenitron Holdings Limited — Board/Management Information 2012

Mar 26, 2012

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.

PHOENITRON HOLDINGS LIMITED

品創控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 8066)

ESTABLISHMENT OF NOMINATION COMMITTEE AND

CHANGE IN REMUNERATION COMMITTEE COMPOSITION

The Board of the Company is pleased to announce that with effect from 23 March 2012:

1. The Nomination Committee has been established;
2. The Nomination Committee is consisted of Mr. Chan Siu Wing, Raymond, Mr. Yang Meng Hsiu, Mr. Leung Ka Kui, Johnny, Ms. Lily Wu and Ms. Wong Ka Wai, Jeanne and Ms. Lily Wu has been appointed as chairman of the Nomination Committee; and
3. Ms. Lily Wu has ceased to be the chairman of the Remuneration Committee but remains a member of the committee and Mr. Leung Ka Kui, Johnny will be appointed as chairman of the Remuneration Committee.

The board (the “Board”) of directors (the “Directors”) of Phoenitron Holdings Limited (the “Company”) is pleased to announce that:

1. Establishment of Nomination Committee

A nomination committee of the Board of the Company (“Nomination Committee”) has been established with effect from 23 March 2012.

1. Members of Nomination Committee

Mr. Chan Siu Wing, Raymond, Mr. Yang Meng Hsiu, Mr. Leung Ka Kui, Johnny, Ms. Lily Wu and Ms. Wong Ka Wai, Jeanne have been appointed as members of the Nomination Committee and Ms. Lily Wu has been appointed as chairman of the Nomination Committee with effect from 23 March 2012.

1. Change of Chairman of Remuneration Committee

Effective from 23 March 2012, Ms. Lily Wu has ceased to be the chairman of the remuneration committee of the Board of the Company (the “Remuneration Committee”) but remains a member of the Remuneration Committee. Mr. Leung Ka Kui, Johnny, an existing Independent Non-executive Director of the Company and a member of the Remuneration Committee, has been appointed as chairman of the Remuneration Committee with effect from 23 March 2012.

After this change, the Remuneration Committee comprises the following members:

Mr. Leung Ka Kui, Johnny (Chairman)

Mr. Chang Wei Wen

Mr. Chan Siu Wing, Raymond

Ms. Lily Wu

Ms. Wong Ka Wai, Jeanne

By Order of the Board

Phoenitron Holdings Limited

Chang Wei Wen

Director

Hong Kong, 26 March 2012

As at the date of this announcement, the Board comprises four executive Directors, Ms. Lily Wu (Chairman and Chief Executive Officer), Ms. Leung Quan Yue, Michelle, Mr. Chang Wei Wen and Mr. Yang Meng Hsiu, and three independent non-executive Directors, Ms. Wong Ka Wai, Jeanne, Mr. Leung Ka Kui, Johnny and Mr. Chan Siu Wing, Raymond.

This announcement, for which the directors of the Company collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The directors of the Company, 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 in this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website (www.hkgem.com) for at least 7 days from its date of posting and the Company’s website at www.phoenitron.com.