The board of directors of Ceneric (Holdings) Limited announced that Mr. CHENG Wai Lam, James has resigned as the Chief Executive Officer and an Executive Director of the
company with effect from 18 November 2016 due to his other business commitment. Upon his resignation, Mr. CHENG also ceased to be the member of the Executive Committee, Nomination Committee and Remuneration Committee of the company with effect from the same date. Upon Mr. CHENG's resignation, the role of the Chief Executive Officer of the company will be performed by Mr. WONG Kui Shing, Danny, the existing Executive Director of the company, with effect from 18 November 2016. The board also announced that Mr. MA Erqiang has resigned as an Executive Director of the company with effect from 18 November 2016 due to his other business commitment.