The board (the "Board") of directors (the "Directors") of Value Partners Group Limited announces that Ms. WONG Wai Man June has tendered her resignation and stepped down as the Executive Director of the Company with immediate effect to pursue other personal commitments. Ms. Wong will serve as an advisor to the Board immediately and for the remainder of the calendar year. Ms. Wong has ceased to be a member of the Risk Management Committee and the authorised representative (for the purposes of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XVI of the Companies Ordinance (Chapter 622 of the
Laws of Hong Kong), "Authorised Representative") of the Company with immediate effect. Ms. Wong has confirmed that she has no disagreement with the Board and there is no matter relating to her resignation that needs to be brought to the attention of the shareholders of the Company. Following the resignation of Ms. Wong, the function of the Chief Executive Officer of the Company will in the meantime be taken up by the Leadership Committee, currently comprising Dato' Seri CHEAH Cheng Hye and Mr. SO Chun Ki Louis ("Mr. So"). The Company will begin the search for a successor to fill this role. In replacement of Ms. Wong, Mr. So has been appointed as an Authorised Representative on the same day.