The board of directors of AGTech Holdings Limited announced the retirement of Ms. Yang Yang (Ms. Yang) as a non-executive
director of the Company with effect from the conclusion of the Company's 2014 annual general meeting which will be held on May 5, 2014. Ms. Yang has been a non-executive director of the Company since 3 December 2007. After having served on the Board throughout this long period, Ms. Yang will devote more time to her other work commitments. Accordingly, Ms. Yang has decided to retire and will not offer herself for re-election as a director of the Company at the 2014 AGM when she is due to retire by rotation.