The board of directors of Celebrate International Holdings Limited announced that Mr. Leung Wai Tung has resigned as an executive director and the compliance officer of the company with effect from November 6, 2015 in order to devote more time to pursue his other business commitments. The resignation has been accepted by the board. The board further announced that Dr. Law Wai Ching, an executive director of the company, has been appointed to be the compliance officer of the company following the resignation of Mr. Leung.

Mr. Leung confirmed that (i) he has no claim against the company in respect of his resignation; (ii) he has no disagreement with the Board; and (iii) there are no matters with respect to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the company. The company is looking for a replacement to fill the vacancy of executive director of the company as soon as possible.