Kith Holdings Limited at its AGM held on 25 June 2015, approved the appointment of Mr. Chen Dekun (Mr. Chen) as executive Director and be subject
to re-election in accordance with the Bye-Laws of the Company or pursuant to the Listing Rules. The Board also announced that, as disclosed in the Circular, the executive Directors, namely Mr. Liu Qingchang, Mr. Wei Ren and Mr. Liu Shihong and the non-executive Director, namely Ms. Connie Xiaohua Zhang did not seek for re-election and have retired as the Directors with effect from 25 June 2015. Mr. Liu Qingchang, Mr. Wei Ren, Mr. Liu Shihong and Ms. Connie Xiaohua Zhang have confirmed that they have no disagreement with the Board and there are no matters in respect of their retirement that need to be brought to the attention of the shareholders of the company.