PINE Technology Holdings Limited — Board/Management Information 2018

Jan 8, 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 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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PINE TECHNOLOGY HOLDINGS LIMITED 松景科技控股有限公司 [*]

(Incorporated in Bermuda with limited liability)

(Stock code: 1079)

ANNOUNCEMENT

Reference is made to the announcement of the Company dated 3 January 2018 (the “ Announcement ”) in relation to the change of CEO. Unless the context requires otherwise, capitalised terms used herein shall bear the same meanings as defined in the Announcement.

Since the appointment of Mr. Li in November 2017, Mr. Li did not integrate into the corporate culture of the Group. This results in the termination of Mr. Li’s service agreement as announced in the Announcement.

To the best of the Directors’ knowledge and information, Mr. Li does not have any disagreement with the Board and there are no matters relating to the change of the CEO that need to be brought to the attention of the shareholders of the Company.

By the order of the Board of PINE Technology Holdings Limited Zhang Sanhuo Chairman

Hong Kong, 8 January 2018

As at the date of this announcement, the executive Directors are Mr. Zhang Sanhuo, Mr. Chan Cheuk Ho and Mr. Chiu Hang Tai; and the independent non-executive Directors are Mr. So Stephen Hon Cheung, Mr. Zhou Chunsheng and Mr. Tian Hong.

* For identification purpose only