Kingboard Laminates Holdings, Ltd. announced that Mr. Mok Yiu Keung, Peter, an independent non-executive director of the board, has resigned from his directorship with effect from 31 December 2014 as he would like to devote more time to his personal commitments. Mr. Mok is currently a member of each of the audit committee, remuneration committee and nomination committee of the Board. Accordingly, Mr. Mok will cease to be a member of each of such committees with effect from the same day.

The board also announced that Mr. Zhang Lu Fu has been appointed as an independent non- executive director of the board with effect from 1 January 2015. Mr. Zhang, aged 57, has had the experience of working for the Chinese government since 1987 including the Xin Hua News Agency branch in Hong Kong (Liaison Office of the Central Peoples Government in Hong Kong). Since 2000, Mr. Zhang has worked for a number of Hong Kong listed companies and charitable organizations on a full-time and part-time basis in the capacity such as chief representative of Chinese affairs, Chinese affairs consultant, chief secretary for Chinese affairs and chief executive.

Mr. Zhang has been the director-general of the Friends of Hong Kong Association since 2008.