Amax International : COMPLETION OF TRAINING FOR DIRECTORS

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.

AMAX INTERNATIONAL HOLDINGS LIMITED

奧 瑪 仕 國 際 控 股 有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock Code: 959)

COMPLETION OF TRAINING FOR DIRECTORS

Reference is made to the news release of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") dated 29 July 2019 (the "News Release") in relation to, among others, the censure of the Directors of the Company, being Mr. Ng Man Sun, Ms. Ng Wai Yee, Ms. Yeung Pui Han, Regina, Mr. Li Chi Fai and Ms. Sie Nien Che, Celia for (a) breach of Rule 3.08(f) of the Exchange Listing Rules with respect to the matters referred to in the News Release; and (b) breach of their obligations under the Declaration and Undertaking with regard to Directors given to the Stock Exchange in the form set out in Appendix 5B to the Exchange Listing Rules. Unless defined otherwise, capitalized terms used in this announcement shall have the same meanings as those defined in the News Release.

As stated in the News Release, the Listing Committee directed, among others, that each of Mr. Ng Man Sun, Ms. Ng Wai Yee, Ms. Yeung Pui Han, Regina, Mr. Li Chi Fai and Ms. Sie Nien Che, Celia to (a) attend 20 hours of training on Exchange Listing Rule compliance and director's duties, of which not less than four hours of training on the requirements under the Exchange Listing Rules in respect of director's duties and corporate governance (the "Training"), to be provided by institutions such as the Hong Kong Institute of Chartered Secretaries, the Hong Kong Institute of Directors or other course providers approved by the Department. The Training is to be completed within 90 days from the publication of the News Release; and (b) provide the Department with the Training provider's written certification of full compliance within two weeks after Training completion.

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In accordance with the above direction, (a) the Directors had completed the Training; and

1. the relevant written certification has been furnished to the Department as at the date of this announcement.

By order of the Board

Amax International Holdings Limited

Ng Man Sun

Chairman and Chief Executive Officer

Hong Kong, 30 October 2019

As at the date hereof, Mr. Ng Man Sun (Chairman and Chief Executive Officer) and Ms. Ng Wai Yee are the executive directors of the Company; and Ms. Yeung Pui Han, Regina, Mr. Li Chi Fai and Ms. Sie Nien Che, Celia are the independent non-executive directors of the Company.

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