KFM Kingdom Holdings Limited announced that each of Mr. KS Lam and Mrs. Chow has resigned as an executive Director; Mr. Yeung has resigned as an independent
non-executive Director and a member of the Audit Committee and the Nomination Committee; Mr. HK Lam has resigned as an independent non-executive Director, the chairman of the Remuneration Committee and a member of each of the Nomination Committee and the Audit Committee; and Ms. Chung has resigned as the chief
executive officer of the Company with effect from the close of the Offer on 3 February 2016. The Board announced that each of Ms. Zhao and Mr. Shen has been appointed as an independent non-executive Director; and Mr. Sun, one of the executive Directors, has been appointed as the chief executive officer of the company with effect from the close of the Offer on 3 February 2016. Following the resignation of the Resigned Directors, the Board announced that with effect from the close of the Offer on 3 February 2016: Mr. Sun, an executive Director, has resigned as the chairman of the Nomination Committee and a member of the Remuneration Committee; Mr. Sun has been appointed as a member of the Nomination Committee; Mr. Zhang, a non-executive Director, has been appointed as the chairman of the Nomination Committee and a member of the Remuneration Committee; Mr. Wan, an independent non-executive Director, has been appointed as a member of the Nomination Committee; Ms. Zhao has been appointed as the chairlady of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee; and Mr. Shen has been appointed as a member of each of the Audit Committee and the Nomination Committee.