Maoyan Entertainment : CHANGES OF COMPOSITION OF BOARD COMMITTEES

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Maoyan Entertainment

貓 眼 娛 樂

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1896)

CHANGES OF COMPOSITION OF BOARD COMMITTEES

The board (the "Board") of directors (the "Directors") of Maoyan Entertainment (the "Company") hereby announces the following changes in the composition of the Board committees:

1. Mr. Ma Dong, an independent non-executive Director of the Company, ceases to be a member of the audit committee and the remuneration committee of the Company with effect from August 18, 2020.
2. Ms. Liu Lin, an independent non-executive Director of the Company, is appointed as a member of the audit committee and the remuneration committee of the Company with effect from August 18, 2020.

By order of the Board

Maoyan Entertainment

Zheng Zhihao

Executive Director

Hong Kong, August 17, 2020

As at the date of this announcement, the Board of Directors of the Company comprises Mr. Zheng Zhihao as Executive Director, Mr. Wang Changtian, Ms. Li Xiaoping, Ms. Wang Jian, Mr. Cheng Wu, Mr. Chen Shaohui, Mr. Lin Ning and Mr. Tang Lichun, Troy as Non-executive Directors, and Mr. Wang Hua, Mr. Chan Charles Sheung Wai, Mr. Ma Dong and Ms. Liu Lin as Independent Non-executive Directors.