Landing International Development : APPOINTMENT OF EXECUTIVE DIRECTOR

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Landing International Development Limited

藍 鼎 國 際 發 展 有 限 公 司

(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)

(Stock code: 582)

APPOINTMENT OF EXECUTIVE DIRECTOR

The board (the "Board") of directors (the "Director(s)") of Landing International Development Limited (the "Company", together with its subsidiaries, the "Group") announces that with effect from 14 April 2021, Mr. Huang Wei ("Mr. Huang") has been appointed as an executive Director of the Company. The biography of Mr. Huang is set out as follows:

MR. HUANG WEI

Mr. Huang, aged 39, graduated from Zhongnan University of Economics and Law with bachelor degree of International Economics and Trading and obtained a master degree of Business Administration. He will be responsible for the senior operation and management of hotels and theme parks of the Group. Mr. Huang was a director of Guanghe Landscape Culture Communication Co., Ltd, ShanXi (shares of which are listed on the Shanghai Stock Exchange, stock code: 600234) until October 2020. He has over 10 years of experience in finance and travel industries.

There is no service contract between the Company and Mr. Huang. He is appointed for a fixed term of one (1) year commencing from 14 April 2021, which is automatically renewable for successive terms of one year upon the expiry of a term. He is subject to retirement at the forthcoming annual general meeting of the Company after his appointment and thereafter subject to retirement by rotation at least once every three (3) years and in accordance with the Bye-laws of the Company. Mr. Huang will be entitled to a director's fee of RMB1,580,000 per annum, which has been determined with reference to his background, his duties and responsibilities within the Company, current remuneration of other Directors and the prevailing market conditions. His remuneration is subject to review by the

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remuneration committee of the Company and the Board from time to time.

Save as disclosed herein, as at the date of this announcement, Mr. Huang has confirmed that he:

1. does not hold any directorship in other listed companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years;
2. does not hold any other positions with the Company or other subsidiaries of the Company;
3. does not have any interest or short position (both within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the ''SFO'')) in the shares, underlying shares or debentures of the Company or any of its associated corporation (as defined under Part XV of the SFO);
4. does not have any relationship with any Directors, senior management or substantial shareholders or controlling shareholders of the Company (as defined in the Rules Governing the Listing of Securities of the Stock Exchange of Hong Kong Limited (the "Listing Rules"); and
5. there is no information that should be disclosed pursuant to subparagraphs (h) to (v) of Rule 13.51(2) of the Listing Rules nor any other matters that need to be brought to the attention of the shareholders of the Company in relation to his appointment as the Director of the Company.

The Board would like to extend its warm welcome to Mr. Huang for joining the Board.

By order of the Board

Landing International Development Limited

Yang Zhihui

Chairman and Executive Director

Hong Kong, 14 April 2021

As at the date of this announcement, the Board comprises Mr. Yang Zhihui (Chairman), Ms. Chan Mee Sze, Mr. Yeung Lo, Dr. Wong Hoi Po, Ms. Pu Shen Chen and Mr. Huang Wei as executive Directors; and Mr. Li Chun Kei, Mr. Shek Lai Him Abraham and Mr. Du Peng as independent non-executive Directors.

In the case of any inconsistency, the English text of this announcement shall prevail over the Chinese text.

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