Global Token : Announcements and Notices - Resignation of Financial Controller, Change of Company Secretary and Authorised Representative

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

GLOBAL TOKEN LIMITED

環球通証有限公司

(continued in Bermuda with limited liability)

(Stock Code: 8192)

RESIGNATION OF FINANCIAL CONTROLLER,

CHANGE OF COMPANY SECRETARY AND

AUTHORISED REPRESENTATIVE

The board (the "Board") of directors (the "Directors") of Global Token Limited (the "Company") announces that Mr. Lee Kin Chung Jacky ("Mr. Lee") resigned his position as the financial controller (the "Financial Controller") and the company secretary (the "Company Secretary") of the Company and will cease to act as the authorised representative (the "Authorised Representative") of the Company under Rule 5.24 of the GEM Listing Rules all with effect from 14 June 2019 due to his personal commitments which require more of his time.

Mr. Lee confirmed that he has no disagreement with the Board and there are no circumstances that need to be brought to the attention of the shareholders of the Company in relation to his resignation.

The Board is pleased to announce that Ms. Tse Man Shan ("Ms. Tse") has been appointed as the Company Secretary and act as the Authorised Representative of the Company under Rule 5.24 of the GEM Listing Rules with effect from 14 June 2019. Ms. Tse is an associate member of The Hong Kong Institute of Certified Public Accountants. She has worked in an international accounting firm and several listed companies in Hong Kong and has over 15 years of experience in company secretarial practice, auditing, accounting and finance fields. Ms. Tse obtained a Bachelor's Degree in Accountancy and a Master's degree in Business Administration.

Subsequent to the change of Authorised Representative with effect from 14 June 2019, Mr. Tsang Chun Kit Terence, an executive Director, and Ms. Tse will act as the Authorised Representatives of the Company pursuant to Rule 5.24 of the GEM Listing Rules.

- 1 -

The Board would like to express its sincere gratitude to Mr. Lee for his valuable contribution to the Company and to welcome Ms. Tse on her new appointment.

By order of the Board

Global Token Limited

Ma Jian Ying

Co-Chief Executive Officer and Executive Director

Hong Kong, 14 June 2019

As at the date of this announcement, the executive Directors are Mr. Chen Ping, Ms. Ma Jian Ying, Ms. Xie Bin, Mr. Tsang Chun Kit Terence and Mr. Wang An Zhong; the non-executive Director is Mr. Shi Guang Rong; and the independent non-executive Directors are Mr. Leung Wah, Ms. Wong Mei Ling and Mr. Qin Hui.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive; and there are no other matters the omission of which would make any statement in this announcement misleading.

This announcement will remain on the "Latest Company Announcements" page on the GEM website at www.hkgem.com for a minimum period of 7 days from the date of its publication and on the Company's website at www.8192.com.hk.

- 2 -