The board of directors of PW Medtech Group Limited announced that Mr. Fang Min has resigned as a non-executive director of the company with effect from August 25,
2015 due to his intended pursuit of other business commitments. Following his resignation as a non-executive director, he has also ceased acting as a member of the remuneration committee of the Board. Mr. Fang confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company. The Board also announced that Mr. Lin Junshan, an existing non-executive director of the company, has been appointed as a member of the remuneration committee of the Board with effect from August 25, 2015.