WT Group Holdings Limited — Board/Management Information 2021

Aug 3, 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.

WT GROUP HOLDINGS LIMITED WT 集團控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 8422)

CLARIFICATION ANNOUNCEMENT REGARDING

CHANGE OF COMPOSITION OF BOARD COMMITTEES AND NON-COMPLIANCE WITH THE GEM LISTING RULES

Reference is made to the announcement dated 28 July 2021 of WT Group Holdings Limited (the ‘‘Company’’) in relation to, among others, the resignation of independent non-executive directors and change of composition of board committees (the ‘‘Announcement’’). Unless the context requires otherwise, capitalized terms used herein shall bear the same meanings as defined in the Announcement.

The board of directors of the Company (the ‘‘Board’’) wishes to clarify that the second paragraph under the section headed ‘‘CHANGE IN COMPOSITION OF AUDIT COMMITTEE, REMUNERATION COMMITTEE AND NOMINATION COMMITTEE’’ on page 1 and 4 of the Announcement shall be amended as follows:

‘‘The Board is pleased to announce that Ms. Chan has been appointed as the chairlady of each of the Nomination Committee and the Remuneration Committee, and a member of the Audit Committee and Mr. Kam Kin Bun (甘 健 斌先生) (‘‘Mr. Kam’’) has been appointed as a member of each of the Remuneration Committee and the Nomination Committee, all with effect from 28 July 2021.’’

In addition to the information provided in the Announcement, the Board wishes to provide further information regarding the non-compliance with GEM Listing Rules as follows:

Upon the resignation of Ms. Wong and Ms. Yen and the appointment of Ms. Chan, the Company has only two Audit Committee members, the number of which falls below the minimum number required under Rules 5.28 of the GEM Listing Rules. The Company will identify an appropriate person to fill the vacancy of the member of the Audit Committee with a view to meet the above requirements under the GEM Listing Rules as soon as practicable and in any event within three months from the date of the Announcement.

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Save as disclosed in this announcement, the remaining contents of the Announcement remain unchanged.

By order of the Board WT Group Holdings Limited Kam Kin Bun Chairman and Executive Director

Hong Kong, 3 August 2021

As at the date of this announcement, the Board comprises Mr. Kam Kin Bun (Chairman), Mr. Kung Cheung Fai Patrick and Ms. Wong Mei Chun as executive Directors; Mr. Leung Chi Hung and Ms. Chan Sin Wa Carrie as independent non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules 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 belief 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 Company Announcements’’ page of the GEM website at www.hkgem.com for at least 7 days from the date of its publication and on the Company’s website at www.wtgholdings.com.

This announcement is prepared in English language and translated into Chinese. In the event of any inconsistencies between the Chinese and the English version, the latter shall prevail.

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