REM Group (Holdings) Limited — Audit Report / Information 2021

Dec 23, 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.

REM Group (Holdings) Limited 全達電器集團(控股)有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1750)

CHANGE OF AUDITOR

This announcement is made by the board (the “ Board ”) of directors (the “ Directors ”) of REM Group (Holdings) Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) pursuant to Rule 13.51(4) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Board hereby announces that Wellink CPA Limited (“ Wellink ”) has tendered its resignation as auditor of the Company to the Board and the audit committee of the Company (the “ Audit Committee ”) with effect from 23 December 2021. Wellink stated in the resignation letter that, in reaching a conclusion on its resignation, Wellink has taken into account factors including the professional risk associated with the audit and its availability of internal resources.

Wellink also confirmed in its resignation letter that there are no matters that need to be brought to the attention of the securities holders of the Company.

The Board further confirmed that Wellink has not yet commenced any audit work on the financial statements of the Group for the year ending 31 December 2021. It is therefore expected that the change of auditor will not have any significant adverse impact on the annual audit and the release of annual results of the Group for the year ending 31 December 2021.

The Board announces that, with the recommendation from the Audit Committee, the Board has resolved to appoint Cheng & Cheng Limited as the new auditor of the Company on 23 December 2021 to fill the casual vacancy following the resignation of Wellink and to hold office until the conclusion of the next annual general meeting of the Company.

Both the Board and the Audit Committee confirmed that there are no disagreements or unresolved matters between the Company and Wellink and that there are no circumstances in respect of the change of auditor which should be brought to the attention of the securities holders of the Company.

By Order of the Board REM Group (Holdings) Limited Wan Man Keung Chairman and Executive Director

Hong Kong, 23 December 2021

As at the date of this announcement, the executive Directors are Mr. Wan Man Keung and Mr. Leung Ka Wai, the non-executive Director is Mrs. Kan Wan Wai Yee Mavis, and the independent non-executive Directors are Mr. Ng Chi Keung Alex, Mr. Cheng Sum Hing and Ms. Ng Ching Ying.