The board of directors of TPV Technology Ltd. announced that Mr. Xu Haihe and Mr. Tam Man Chi have tendered their resignations to the Board in
respect of their non-executive Directorship of the company with effect from 29 November 2012 due to their other personal and business commitments. Each of Mr. Xu Haihe and Mr. Tam Man Chi has confirmed that he has no disagreement with the Board and that there is no matter relating to his resignation that need to be brought to the attention of the shareholders of the company.