SIM Technology Group Limited — Board/Management Information 2013

Mar 1, 2013

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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SIM TECHNOLOGY GROUP LIMITED 晨訊科技集團有限公司 *

(Incorporated in Bermuda with limited liability)

(Stock code: 2000)

APPOINTMENT OF EXECUTIVE DIRECTOR

The Board announces that on 1 March 2013, Mr Liu Hong was appointed as an executive Director.

The board (“ Board ”) of directors (each, a “ Director ”) of SIM Technology Group Limited (“ Company ”, together with its subsidiaries, the “ Group ”) announces that on 1 March 2013, Mr Liu Hong (“ Mr Liu ”) was appointed as an executive Director.

Mr Liu, aged 48, obtained a Bachelor degree of Engineering specialised in electronic engineering at Shanghai Jiao Tong University (上海交通大學) in July 1986. He also obtained a Master degree of Engineering specialised in communications and electronic systems at ShanghaiTech University (上海科技大學) in December 1988 and a PhD degree of Engineering specialised in electric field and microwave technology at Shanghai University (上海大學) in July 1999. Mr Liu had worked as a vice general manager in 上海迪比特實業 有限公司 (unofficial English translation being Shanghai DBTEL Industry Company Limited) from 2000 to 2006 and a vice general manager in 上海匯眾信息技術有限公司 (unofficial English translation being Shanghai Hui Zhong Information Technology Company Limited) from 2006 to 2007. Mr Liu joined the Group in 2007 and had served as the general manager of the First Business Division and the general manager of the Integrated Management Division of the Group’s business operation headquarter (located in Shanghai, China), and currently serves as the chief operating officer of the Group’s business operation headquarter (located in Shanghai, China) responsible for overseeing the product quality and product delivery processes of the Group.

As at the date of this announcement, save as disclosed above, Mr Liu has not held any other major appointment and qualifications or directorship in other listed company in the last three years, nor does he have any relationship with any Director, senior management, substantial shareholders or controlling shareholders (having the meaning ascribed to it in the Rules Governing the Listing of Securities (“ Listing Rules ”) on The Stock Exchange of Hong Kong

Limited) of the Company. Other than the directorship in the Company and being the chief operating officer of the business operation headquarter (located in Shanghai, China) of the Group as mentioned above, Mr Liu does not hold other positions with the Company or other members of the Group.

As at the date of this announcement, Mr Liu holds share options involving an aggregate of 1,446,120 shares of the Company. Save for the aforesaid share options, Mr Liu is not interested in any shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Pursuant to the director’s service agreement entered into between the Company and Mr Liu, Mr Liu is appointed as an executive Director for a fixed term of one year and is subject to retirement by rotation and re-election at general meeting of the Company in accordance with the bye-laws of the Company.

Mr Liu will not receive a fixed salary for his acting as an executive Director but will be entitled to a discretionary bonus to be determined by the remuneration committee of the Board for this acting as an executive Director by reference to the performance of the Group and the performance of Mr Liu in acting as an executive Director, which was recommended by the remuneration committee of the Board and determined by the Board with reference to the prevailing market conditions, his roles and responsibilities and taking into account that Mr Liu is currently entitled to a fixed monthly salary of RMB40,000 as the chief operating officer of the business operation headquarter (located in Shanghai, China) of the Group pursuant to his service contract entered into with the Group.

Save as disclosed above, there is no further information to be disclosed pursuant to the requirements of Rule 13.51(2)(h) to (v) of the Listing Rules and there are no other matters relating to the appointment of Mr Liu that need to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to welcome Mr Liu to join the Board as an executive Director.

By order of the Board SIM Technology Group Limited Wong Cho Tung Director

Hong Kong, 1 March 2013

As at the date of this announcement, the executive directors of the Company are Ms Yeung Man Ying, Mr Wong Cho Tung, Mr Zhang Jianping, Ms Tang Rongrong, Mr Chan Tat Wing, Richard and Mr. Liu Hong, and the independent non-executive directors of the Company are Mr Liu Hing Hung, Mr Xie Linzhen and Mr Dong Yunting.

*For identification purpose only