Suncorp Technologies Limited — Board/Management Information 2021

Apr 19, 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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FRONTIER SERVICES GROUP LIMITED 先豐服務集團有限公司[*]

(Incorporated in Bermuda with limited liability)

(Stock Code: 00500)

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The board (the “ Board ”) of directors (the “ Director ”) of Frontier Services Group Limited (the “ Company ”) is pleased to announce that Mr. Dorian Barak (“ Mr. Barak ”) has been appointed as a non-executive Director of the Company with effect from 19 April 2021.

Mr. Barak, aged 47, is a veteran private equity investor and fund manager specializing in emerging markets. He serves on the boards of companies active in the technology and natural resources sectors in China, the Middle East, Europe and Africa.

Over the past two decades, Mr. Barak has filled key investment and executive positions in the US, Israel and Europe. He was an independent non-executive director and an executive director of Yunfeng Financial Group Limited (formerly known as Reorient Group Limited) (stock code: 376) and KuangChi Science Limited (stock code: 439), respectively, both of the companies’ shares are listed on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”), Head of Global Strategy and M&A at Hapoalim, Israel’s leading financial group; an M&A Attorney with the Skadden Arps firm in New York; and a Consultant with the Boston Consulting Group (BCG) in Chicago; and is an independent non-executive director of Zwipe AS (ZWIPE.ST).

Dorian Barak was awarded a Juris Doctor by Yale University, a master degree from Oxford University, and a BA from UCLA.

Mr. Barak will enter into a letter of appointment with the Company for a term of three years. He is subject to retirement by rotation and re-election at the next annual general meeting of the Company in accordance with the bye-laws of the Company. Mr. Barak will receive a monthly salary of US$5,000 for serving as a non-executive Director.

As at the date of this announcement, the spouse of Mr. Barak holds 250,000 shares of the Company.

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Save as disclosed above, Mr. Barak has confirmed that he (i) does not hold any directorship in other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years or any other position with the Company and other members of the Group or other major appointments and professional qualifications; (ii) does not have any relationship with other Directors, senior management, substantial or controlling shareholders of the Company and has no interests in the shares of the Company which are required to be disclosed pursuant to Part XV of the Securities and Futures Ordinance; and (iii) as at the date of this announcement, was not aware of any other matters that need to be brought to the attention of the shareholders of the Company nor was there any information to be disclosed to the Company pursuant to any of the requirements under Rules 13.51(2)(h) to 13.51(2)(v) of the Rules Governing the Listing of Securities on the Stock Exchange.

The Board would like to express its warmest welcome to Mr. Barak for joining the Board.

By Order of the Board FRONTIER SERVICES GROUP LIMITED Chan Kam Kwan Jason Company Secretary

Hong Kong, 19 April 2021

As at the date of this announcement, the non-executive Directors are Mr. Chang Zhenming (Chairman), Mr. Fei Yiping, Mr. Chan Kai Kong, Mr. Dorian Barak; the executive Directors are Mr. Ko Chun Shun, Johnson (Deputy Chairman) and Mr. Luo Ning (Deputy Chairman); and the independent non-executive Directors are Mr. Yap Fat Suan, Henry, Mr. Hooi Hing Lee, Dr. Harold O. Demuren and Mr. Cui Liguo.

• For identification purposes only

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