The board of directors of Mega Expo Holdings Limited announced that Mr. Deng Zhonglin has resigned as the chief executive officer of the Company with effect from 21 June 2018 for the purpose of achieving better corporate governance of the company pursuant to the Code Provisions A.2.1 of the Corporate Governance Code contained
in Appendix 14 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited so that Mr. Deng could devote more of his time as the chairman of the Board and spend more time in deciding and handling the corporate strategy of and matters of significant importance to the company. Mr. Deng has confirmed that he does not have any disagreement with the Board and that there is no other matter relating to his resignation as the chief executive officer of the company that needs to be brought to the attention of the shareholders of the company or the Stock Exchange. Mr. Deng shall remain as the chairman of the Board, an executive Director, the chairman of the nomination committee and a member of the remuneration committee of the company. The Board further announced that Mr. Au-Yong Shong Samuel has resigned as an executive Director with effect from 21 June 2018 due to his other business engagement. Mr. Au-Yong has confirmed that he has no disagreement with the Board and that there is no other information in relation to his resignation that needs to be brought to the attention of the Shareholders or the Stock Exchange. The Board further announced that Mr. Xu Feng has been appointed as the chief executive officer of the Company and an executive Director with effect from 21 June 2018. Mr. Xu is currently the chief operating officer of (transliterated as NOD (Shanghai) Management Communication Co. Ltd. and Mr. Xu will hold office for an initial term of three years commencing on 21 June 2018 which will continue thereafter.