EPI (Holdings) Limited announced that Mr. Tse Kwok Fai, Sammy, Mr. Chan Chi Hung, Anthony and Mr. Zou Feng have resigned as executive Directors; Mr. Ho King Fung, Eric and Mr. Phen Chun Shing Vincent have resigned as non-executive Directors; and Mr. Qian Zhi Hui, Mr. Teoh Chun Ming and Mr. Zhu Tiansheng have resigned as independent non-executive Directors, all with effect from 19 October 2016. The board announced that Mr. To Yan Ming, Edmond (an independent non-executive Director) has been appointed as chairman of the Audit Committee; and Mr. Pun Chi Ping and Ms. Leung Pik Har, Christine (both being independent non-executive Directors) have been appointed as members of the Audit Committee; Mr. Qian Zhi Hui has resigned as chairman of the remuneration committee of the Company (Remuneration Committee); Mr. Ho King Fung, Eric, Mr. Tse Kwok Fai, Sammy and Mr. Zhu Tiansheng have resigned as members of the Remuneration Committee; Mr. Pun Chi Ping (an independent non-executive Director) has been appointed as chairman of the Remuneration Committee; and Mr. To Yan Ming, Edmond and Ms. Leung Pik Har, Christine (both being independent non-executive Directors) have been appointed as members of the Remuneration Committee; Mr. Qian Zhi Hui has resigned as chairman of the nomination committee of the Company (Nomination Committee); Mr. Ho King Fung Eric, Mr. Tse Kwok Fai, Sammy and Mr. Zhu Tiansheng have resigned as members of the Nomination Committee; Ms. Leung Pik Har, Christine (an independent non-executive Director) has been appointed as chairlady of the Nomination Committee; and Mr. To Yan Ming, Edmond and Mr. Pun Chi Ping (both being independent non- executive Directors) have been appointed as members of the Nomination Committee; and Mr. Ho King Fung, Eric has resigned as chairman of the corporate governance committee of the Company (Corporate Governance Committee); Mr. Chan Chi Hung, Anthony has resigned as member of the Corporate Governance Committee; Mr. Sue Ka Lok (an executive Director) has been appointed as chairman of the Corporate Governance Committee; and Ms. Chan Yuk Yee and Mr. Chan Shui Yuen (both being executive Directors) have been appointed as members of the Corporate Governance Committee. Mr. Tse Kwok Fai, Sammy has resigned as the chief executive officer of the Company and Mr. Sue Ka Lok (an executive Director) has been appointed in his stead.

Mr. Ho King Fung, Eric and Mr. Tse Kwok Fai, Sammy ceased to be the authorised representatives of the Company and Mr. Sue Ka Lok and Ms. Chan Yuk Yee (both being executive Directors) have been appointed in their stead. Mr. Tsang Wing Hung has resigned as the company secretary of the Company and Ms. Chan Yuk Yee (an executive Director) has been appointed in his stead, with effect from October 19, 2016.