Reference is made to the announcement of Times Property Holdings Limited dated 3 August 2015 concerning the resignation of Dr. Wong, Kennedy,
Ying Ho as an independent non-executive director of the company and members of the audit committee and nomination committee of the company. Following the resignation of Dr. Wong, the board of the directors of the company announced that Mr. Jin Qingjun has been appointed as an independent non-executive director of the company and members of the audit committee and nomination committee of the company in place of Dr. Wong with effect from 28 October 2015.