Planetree International Development Limited — Board/Management Information 2021

May 25, 2021

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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Planetree International Development Limited 梧桐國際發展有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 00613)

RETIREMENT OF EXECUTIVE DIRECTOR

The board of directors (the “ Board ”) of Planetree International Development Limited (the “ Company ”) announces that Mr. Liang Kang (“ Mr. Liang ”), after having served on the Board for 26 years, has retired as an executive director at the conclusion of the annual general meeting of the Company (the “ AGM ”) held earlier today by not offering himself for re-election at the AGM.

Mr. Liang has confirmed to the Company that he has no disagreement with the Board and there is no matter relating to her retirement that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.

The Board would like to thank Mr. Liang for his valuable contribution to the Company during his tenure of office.

By order of the Board Planetree International Development Limited Dr. Leung Wing Cheung, William Executive Chairman

Hong Kong, 25 May 2021

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

Executive Directors: Independent Non-Executive Directors: Dr. Leung Wing Cheung, William Mr. Chan Sze Hung (Executive Chairman) Mr. Zhang Shuang Mr. Lam Hiu Lo Mr. Chung Kwok Pan Ms. Cheung Ka Yee Ms. Liu Yan Mr. Man Wai Chuen