The board of directors of Jolimark Holdings Limited announced the re-designation of Mr. Yeung Kwok Keung, as an independent non-executive director of the Company and his appointment as a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Board with effect from October 21, 2013. Mr. Yeung Kwok Keung was appointed a non-executive director of the Jolimark Holdings Limited on August 1, 2011. He has been involved in IT, logistics and venture capital investment until his retirement in 2008.

Mr. Yeung had also served as its President. He was also Chairman of the IT Committee of the Hong Kong SAR Government. Mr. Yeung was a consultant of the Company from December 1, 2007 to November 30, 2008, a period which was beyond 2 years before his appointment to the Jolimark Board as non-executive director.