Dickson Concepts International : Appointment of Executive Director and List of Directors and their Role and Function

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(Stock Code: 0113)

APPOINTMENT OF EXECUTIVE DIRECTOR

AND

LIST OF DIRECTORS AND THEIR ROLE AND FUNCTION

The Board of Directors ("the Board") of Dickson Concepts (International) Limited ("the Company" together with its subsidiary companies, "the Group") is pleased to announce that Mr. Poon Dickson Pearson Guanda has been appointed as an Executive Director of the Company with effect from 14th December, 2018.

Mr. Poon Dickson Pearson Guanda

Mr. Poon Dickson Pearson Guanda, aged 24, joined the Group as a General Manager in October 2016. His responsibilities include launching the Group's e-commerce operations in Hong Kong, and working closely with the investment team to drive successful investments and exits. He also worked closely with the leadership team to develop a new retail concept combining physical and digital retail. Prior to joining the Group, Mr. Pearson Poon worked at the investment banking division of Goldman Sachs (Asia) LLC, where he was part of the consumer and retail, technology, media, and telecommunications team in Hong Kong, focusing on the China internet sector. Mr. Pearson Poon holds a Bachelor of Arts in Economics from the University of Cambridge.

Mr. Pearson Poon is also an executive director of Harvey Nichols and Company Limited ("HN&CL") and the vice-chairman of the supervisory board of S.T. Dupont S.A. ("STDSA"), the shares of which are listed on the Euronext Paris in France, both HN&CL and STDSA are the related companies of the Company. Save as disclosed herein, he has not held any directorship in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years.

At the date of this announcement, Mr. Pearson Poon holds a personal interest in 83,000 ordinary shares of HK$0.30 each of the Company (representing 0.02 per cent. of the issued share capital of the Company) within the meaning of Part XV of the Securities and Futures Ordinance. He is a son of Sir Dickson Poon, the Group Executive Chairman and a substantial shareholder of the Company. Save as disclosed herein, Mr. Pearson Poon is not connected with any other Directors, senior management or substantial or controlling shareholders of the Company.

There is no service contract between Mr. Pearson Poon and the Group and he has no fixed term of service with the Group but will be subject to retirement and re-election at the next following annual general meeting of the shareholders of the Company and subsequently subject to retirement by rotation and re-election at the annual general meetings of the shareholders of the Company in accordance with the Company's New Bye-Laws and / or applicable laws and regulations.

The emoluments (which include basic salary, allowances and benefits in kind, retirement scheme contributions and discretionary bonuses) payable to Mr. Pearson Poon shall be determined by the Board who shall consider the recommendation made by the Remuneration Committee of the Company and review annually in accordance with the Group's remuneration policy. Such basic salary, allowances and benefits in kind are determined with reference to his duties and responsibilities, industry norms and general market conditions while the computation of discretionary bonus is based on performance contributions by Mr. Pearson Poon and by reference to the Company's performance. The retirement scheme contributions are made by the Group to a defined contribution retirement scheme at the rate of 5 per cent. of the basic salary of Mr. Pearson Poon but subject to an upper limit of HK$1,500 per month.

Save as disclosed above, there are no other matters relating to the appointment of Mr. Pearson Poon as an Executive Director of the Company that need to be brought to the attention of the shareholders of the Company nor any information to be disclosed pursuant to the requirements of Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Board would like to extend a warm welcome to Mr. Pearson Poon on his appointment.

With effect from 14th December, 2018, the members of the Board and the membership information of the three Board committees of the Company on which the relevant Board members serve will be as follows :-

EXECUTIVE DIRECTORS :-

Dickson Poon (Group Executive Chairman) Chan Hon Chung, Johnny Pollux

Lau Yu Hee, Gary

Poon Dickson Pearson Guanda

INDEPENDENT NON-EXECUTIVE DIRECTORS :- Bhanusak Asvaintra

Nicholas Peter Etches Leung Kai Hung, MichaelAUDIT COMMITTEE :- Nicholas Peter Etches (Chairman) Bhanusak Asvaintra

Leung Kai Hung, Michael

NOMINATION COMMITTEE :- Dickson Poon (Chairman) Bhanusak Asvaintra Nicholas Peter Etches

REMUNERATION COMMITTEE :- Bhanusak Asvaintra (Chairman)

Chan Hon Chung, Johnny Pollux Nicholas Peter Etches

As at the date of this announcement, the Board comprises :-

Executive Directors:	Independent Non-Executive Directors:
Dickson Poon (Group Executive Chairman)	Bhanusak Asvaintra
Chan Hon Chung, Johnny Pollux	Nicholas Peter Etches
Lau Yu Hee, Gary	Leung Kai Hung, Michael
Poon Dickson Pearson Guanda
By Order of the Board
Or Suk Ying, Stella
Company Secretary
Hong Kong, 14th December, 2018
* For identification purposes only