The board of directors of Neo Telemedia Limited announced that Mr. ZHANG Bo tendered his resignation as an executive Director with effect from 30 August 2019 as he would like to devote more time on his own business. Following his resignation, Mr. Zhang will remain as a director of certain subsidiaries of the company. Mr. Zhang has confirmed that he has no disagreement with the Board and that there is no matter in respect of his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.