The board of directors of Auto Italia Holdings Limited announced that Mr. Frankie To Yeung KONG has been appointed as an independent non-executive
director of the company, and a member of each of the remuneration committee and nomination committee of the company and the chairman of the audit committee of the company, with effect from June 21, 2013. Mr. Frankie is a general manager of G-Prop (Holdings) Limited since September 2012 and is responsible for its corporate development. He was a general manager ­Corporate Development of Goodtop Tin International Holdings Limited
and Lam Soon (Hong Kong) Limited from 2008 to late 2012. With effect from June 21, 2013, Mr. Benny Tin Lung CHONG, an executive Director, has been appointed as a member of each of the remuneration committee and nomination committee of the company and Mr. Tik Tung WONG, an executive Director, has resigned as a member of each of the remuneration committee and financial control committee of the company.