The board of directors of Labixiaoxin Snacks Group Limited announced that Mr. Yap Yung has been appointed as the head of corporate finance of the company with effect from November 1, 2014. Upon the appointment of Mr. Yap as the head of corporate finance of the company, Mr. Yap has resigned as the chief financial officer of the company, the company secretary of the company, the authorized representative of the company. The board announced that, upon the resignations of Mr. Yap as chief financial officer, company secretary, authorized representative, process agent and authorized representative under the companies ordinance, Mr. Chan Yee Lok has been appointed as the chief financial officer, the company secretary, the authorized representative, the process agent and the authorized representative under the companies ordinance with effect from November 1, 2014.

Upon the above appointments, Mr. Chan will no longer assume the role as the vice president of finance of the company. Prior to joining the company in August 2014, Mr. Chan had worked in international accounting firms and companies listed on the Main Board of the Stock Exchange and possessed over 17 years of accounting, financing and auditing experience.