ENM : Appointment of Non-executive Director

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ENM HOLDINGS LIMITED

安 寧 控 股 有 限 公 司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00128)

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The Board of Directors (the "Board") of ENM Holdings Limited (the "Company") is pleased to announce that Mr. Hing Lun Dennis AU ("Mr. Au") will be appointed as a Non-executive Director of the Company with effect from 29 August 2020.

Mr. Hing Lun Dennis AU, aged 61

Mr. Au is the Head of Real Estate at Chinachem Group, a well-established leading property group in Hong Kong. He is a director of a number of companies which are controlled by Mr. CHAN, Wai Tong Christopher, Mr. JONG, Yat Kit and Mr. WONG, Tak Wai, as joint and several administrators of the Estate of Kung, Nina, all of whom are substantial shareholders of the Company collectively holding approximately 44.28% of the issued shares of the Company. Mr. Au was previously with Computime Group Limited ("Computime"), a consumer electronics company in Hong Kong (whose shares are listed on the main board of The Stock Exchange of Hong Kong Limited, stock code: 320) holding various roles at different times including as a board member, an executive director, the deputy chief executive officer and a member of the executive committee. Mr. Au joined Computime in May 2014 to head up its newly established Brand Distribution Division. After he left Computime as an executive in 2018, Mr. Au had brief stints with two private property businesses before he joined Chinachem Group in 2019. Mr. Au was an executive director of Computime during the period from May 2014 to February 2018 and was a non-executive director of Computime during the period from February 2018 to January 2020.

In 1994, Mr. Au joined Wing Tai Properties Limited ("Wing Tai" and, together with its subsidiaries, collectively "Wing Tai Group") (formerly known as USI Holdings Limited) serving as the chief financial officer, and he also served as the company secretary of Wing Tai from 1996 to 2006. Wing Tai is listed on the main board of The Stock Exchange of Hong Kong Limited (stock code: 369). He joined the board of Wing Tai as an executive director in February 2004 and was appointed the managing director of Wing Tai Group's property division in 2006. Mr. Au resigned as an executive director of Wing Tai and the managing director of Wing Tai Group's property division with effect from 6 May 2014. He was also an executive director of Wing Tai Group's subsidiary, Winsor Properties Holdings Limited (now known as Vanke Overseas Investment Holding Company Limited, a company listed on the main board of The Stock Exchange of Hong Kong Limited, stock code: 1036) from October 2007 to September 2012.

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Mr. Au has over 35 years of experience in accounting, finance, consultancy, business development and general management spanning the manufacturing, technology and real estate industries. Mr. Au commenced his career at the tax division of Arthur Andersen & Co from 1983 to 1988, specialising in Hong Kong, China and US taxation. He joined Andersen Consulting (now known as Accenture plc) in North America in 1988, responsible for IT system design and integration projects for governments and multinational companies. Mr. Au is a fellow member of the Association of Chartered Certified Accountants. He holds a Master of Business Administration degree from the University of Hong Kong and a Bachelor of Science degree from Dalhousie University, Halifax, Nova Scotia, Canada.

As at the date of this announcement, Mr. Au does not have any interests in the securities of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, Mr. Au (i) does not hold any other position with the Company or any of its subsidiaries; (ii) does not hold other directorship in listed public companies in the last three years; and (iii) does not have any relationships with any directors, senior management, substantial or controlling shareholders of the Company.

In accordance with the Company's Articles of Association, Mr. Au shall hold office until the next annual general meeting of the Company to be held in 2021 and shall be eligible for re- election. Thereafter, Mr. Au, if re-elected, will be subject to retirement by rotation in accordance with the Company's Articles of Association.

A letter of appointment will be entered into between Mr. Au and the Company, pursuant to which he will be entitled to an annual director's fee of HK$165,600, payable on a pro-rata basis for his services. Mr. Au will also be entitled to an attendance fee of HK$8,790 for attending each Board meeting of the Company and HK$5,690 for attending each general meeting of the Company. The level of fees payable to Mr. Au was determined by the Board upon the Remuneration Committee's recommendation with reference to his duties and responsibilities in the Company and is in line with that payable to other Non-executive Directors of the Company. The directors' fees are fixed by the Board with the authorisation granted by the shareholders of the Company at the annual general meeting of the Company.

Save as disclosed above, there are no other matters concerning the appointment of Mr. Au that need to be brought to the attention of the shareholders of the Company and there is no other information relating to Mr. Au that is required to be disclosed pursuant to Rule 13.51(2) of the Listing Rules.

The Board would like to extend its warm welcome to Mr. Au as a new Board member.

By Order of the Board

ENM Holdings Limited

David Parker

Executive Director

and Chief Executive Officer

Hong Kong, 28 August 2020

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At the date of this announcement the Executive Director is Mr. David Charles PARKER (Chief Executive Officer); the Non-executive Director is Mr. Derek Wai Choi LEUNG (Non- executive Chairman); and the Independent Non-executive Directors are Mr. Kin Wing CHEUNG, Mr. Kiu Sang Baldwin LEE, Mr. Ted Tak Tai LEE and Ms. Sarah Young O'DONNELL.

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