The board of directors of Tesson Holdings Limited announced that with effect from 26 April 2016, Mr. Ho Chun Chung Patrick and Mr. Lee Kwong Yiu have resigned as the independent non-executive directors due to their other business engagements. Upon resignation as an independent non-executive Director, Mr. Ho Chun Chung Patrick also ceased to be the chairman of Audit Committee and member of each of the remuneration committee, the nomination committee and the internal control committee of the company with effect from 26 April 2016. Upon resignation as an independent non-executive Director, Mr. Mr. Lee Kwong Yiu also ceased to be the member of Audit Committee with effect from 26 April 2016.

Mr. Ho Chun Chung Patrick and Mr. Lee Kwong Yiu have confirmed to the Company that, in relation to their resignation, they have no disagreement with the Board; and there is no matter that needs to be brought to the attention of the shareholders of the company and the Stock Exchange of Hong Kong Limited. Following the resignation of Mr. Ho Chun Chung Patrick, Mr. Chen Weixi has been appointed as the Chairman of Audit Committee with effect from 26 April 2016.