Prime Intelligence Solutions Group Limited — Board/Management Information 2021

Dec 15, 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.

PRIME INTELLIGENCE SOLUTIONS GROUP LIMITED 匯安智能科技集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 08379)

(1) RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR; (2) APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR; AND (3) APPOINTMENT OF CHAIRPERSON OF THE NOMINATION COMMITTEE

The Board announces that with effect from 15 December 2021:

• (1) Mr. Hui Man Ho, Ivan has resigned from the position of independent non-executive Director, chairperson of the Nomination Committee and a member of each of the Audit Committee and the Remuneration Committee;

• (2) Ms. Wang Xiaoman has been appointed as the independent non-executive Director and a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee; and

• (3) Mr. Chung Billy, the independent non-executive Director, has been appointed as the chairperson of the Nomination Committee.

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (the ‘‘Board’’) of directors (the ‘‘Directors’’ and each, a ‘‘Director’’) of Prime Intelligence Solutions Group Limited (the ‘‘Company’’) announces that Mr. Hui Man Ho, Ivan (‘‘Mr. Hui’’) has tendered his resignation as the independent non-executive Director, chairperson of the nomination committee (the ‘‘Nomination Committee’’) and a member of each of the audit committee (the ‘‘Audit Committee’’) and the remuneration committee (the ‘‘Remuneration Committee’’) of the Company with effect from 15 December 2021 as he would like to spend more time on pursuing his other business engagements.

Mr. Hui has confirmed to the Board that he has no disagreement with the Board or the Company and that there are no other matters in respect of his resignation that need 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 extend its appreciation to Mr. Hui for his valuable contribution during his tenure of office in the Company.

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APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board is hereby pleased to announce that it has approved the appointment of Ms. Wang Xiaoman (‘‘Ms. Wang’’) as an independent non-executive Director and a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company with effect from 15 December 2021.

Ms. Wang, aged 34, has over 10 years of working experience. Prior to joining the Company, Ms. Wang served as a manager of Tianjin Teda Human Resource Service Co., Ltd ( 天 津泰 達人才 服務有限 公司) from June 2011 to December 2013. Subsequently, she joined Shanghai Yifan Investment Management Co., Ltd (上海懿凡投 資管理有限 公司) as a manager from January 2014 to October 2018. Since November 2018, Ms. Wang has been serving as a manager of Xiamen Bozai Technology Co., Ltd.* (廈門博載科技 有限 公司). Ms. Wang was conferred her Bachelor of Arts and Design Degree from the Tiangong University, Tianjin of China in July 2010.

As at the date of this announcement, Ms. Wang, in the last three years, did not hold any directorship in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas, nor hold any other position with the Company or any of its subsidiaries.

A letter of appointment has been entered into between Ms. Wang and the Company in relation to her appointment as an independent non-executive Director for a term of three years with effect from 15 December 2021. Ms. Wang will hold office until the conclusion of the first general meeting of the Company after her appointment and will then be eligible for re-election and is subject to the rotational retirement and re-election requirements at the general meetings of the Company pursuant to the articles of association of the Company (the ‘‘Articles’’), or earlier termination in accordance with the Articles and/or any applicable laws and regulations. Ms. Wang will be entitled to a director’s fee of HK$120,000 per annum, which was determined with reference to her relevant qualifications, experience, responsibilities and duties in the Company and the prevailing market benchmarks.

As at the date of this announcement, Ms. Wang does not have any interests in the shares and/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). Further, Ms. Wang is not related to any Directors, senior management or substantial or controlling shareholders of the Company.

Save as disclosed above, Ms. Wang confirmed that there are no other matters relating to her appointment as an independent non-executive Director that need to be brought to the attention of the shareholders of the Company and there is no other information which is required to be disclosed pursuant to Rule 17.50(2) of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited.

The Board would like to take this opportunity to welcome Ms. Wang for joining the Board.

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APPOINTMENT OF CHAIRPERSON OF THE NOMINATION COMMITTEE

As a result of the said resignation of Mr. Hui, the Board further announces that with effect from 15 December 2021, Mr. Chung Billy, the independent non-executive Director, has been appointed as the chairperson of the Nomination Committee.

By Order of the Board of Prime Intelligence Solutions Group Limited 匯 安智能 科技集團 有 限公司 Yuen Kwok Wai, Tony Chairman

Hong Kong, 15 December 2021

As at the date of this announcement, the executive Directors are Mr. Yuen Kwok Wai, Tony, Ms. Yuen Mei Ling, Pauline, Ms. Sun Ngai Chu, Danielle and Mr. Mui Pak Kuen; the nonexecutive Director is Mr. Yam Chiu Fan, Joseph; and the independent non-executive Directors are Mr. Chung Billy, Mr. Poon Wai Hung Richard and Ms. Wang Xiaoman.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited 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 beliefs 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 Listed Company Information’’ page of the GEM website www.hkgem.com for at least seven days from the date of its publication. This announcement will also be published on the Company’s website at www.primeintelligence.com.hk.

• For identification purpose only

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