SIM Technology : RESIGNATION OF DIRECTOR

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SIM TECHNOLOGY GROUP LIMITED

晨訊科技集團有限公司*

(Incorporated in Bermuda with limited liability) (Stock code: 2000)

RESIGNATION OF DIRECTOR

The board ("Board") of directors (each, a "Director") of SIM Technology Group Limited ("Company", together with its subsidiaries, the "Group") wishes to announce that with effect from 10 September 2020, Ms. Tang Rongrong ("Ms. Tang") has resigned as an executive Director due to her retirement.

Ms. Tang has confirmed that she has no disagreement with the Board and that there is no matter in relation to her resignation as an executive Director that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the Company.

The Board would like to take this opportunity to express its sincere gratitude to Ms. Tang for her invaluable contribution to the Company during her tenure of service.

By order of the Board

SIM Technology Group Limited

Wong Cho Tung

Executive Director

10 September 2020

As at the date of this announcement, the executive directors of the Company are Ms Yeung Man Ying, Mr Wong Cho Tung and Mr Liu Jun, and the independent non-executive directors of the Company are Mr Liu Hing Hung, Mr Wang Tianmiao and Mr Wu Zhe.

• For identification purposes only