South China : APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

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SOUTH CHINA HOLDINGS COMPANY LIMITED

南 華 集 團 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(STOCK CODE: 00413)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board of directors (the ''Board'') of South China Holdings Company Limited (the ''Company'') is pleased to announce that Ms. Pong Scarlett Oi Lan, BBS, J.P. (''Ms. Pong'') has been appointed as an Independent Non-executive Director of the Company with effect from 15 September 2020.

The biographical details of Ms. Pong are set out as follows:

Ms. Pong, aged 61, is the Chairman of Health Quotient HQ International Institute Limited and the President of The Pharmaceutical Society of Hong Kong. She was an elected District Councilor and currently, CEO, Health Management Division, ShaTin Inhabitants Association (a charitable organization). She is also an independent non-executive director of South China Assets Holdings Limited, being listed on the GEM of The Stock Exchange of Hong Kong Limited. She also actively serves the public sector and is currently the Visiting Associate Professor at Hong Kong Nang Yan College of Higher Education, and a Convenor of Working Group on Collaboration and Promotion under Women's Commission. In addition, she is a member of Building Committee under Hong Kong Housing Authority, a member of Steering Committee on Prevention and Control of Non-communicable diseases under Food and Health Bureau, and a member of the Committee on Promotion of Organ Donation. She was a part-time lecturer of Master of Science in Women's Health Studies & Postgraduate Diploma in Women's Health Studies, The Chinese University of Hong Kong. She has been the President of The Practising Pharmacists Association of Hong Kong for eight years and the President of the Outstanding Young Persons' Association. She completed her executive program at Harvard Business School in the United States of America and also obtained a graduate diploma in business administration at Monash University in Australia and a Bachelor degree in pharmaceutical sciences from the University of Saskatchewan in Canada. She holds a Master of Arts from Macquarie University in Australia in 2018. She is being appointed in a number of government boards and committees such as the Council Member of Hong Kong Baptist University, Grantham Scholarships Fund Committee, Part-time Member of the Central Policy Unit (2008-2009), Chairman of ACAN Sub-committee on Preventive Educations and Publicity (2007-2012). She received awards of the Ten Outstanding Young Persons' Selection in 1998, the Hundred Outstanding Women Entrepreneur in China in 2007, was appointed as a Justice of the Peace (J.P.) by the Government of the Hong Kong Special

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Administrative Region in July 2010 and received an award of Bronze Bauhinia Star in 2017. She also received awards of Pioneers in Healthy Cities, Alliance for Healthy Cities, Western Pacific Region.

Ms. Pong has not entered into any service contract with the Company. She is subject to retirement at the forthcoming general meeting after her appointment and be eligible for re-election and thereafter subject to retirement by rotation at least once every three years in accordance with the articles of association of the Company. Ms. Pong is entitled to receive a director's fee of HK$100,000 per annum which is determined by reference to her duties, experience and the involvement. As at the date of this announcement, she does not have any interest in any shares or underlying shares 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, Ms. Pong does not hold any other directorship in the last three years in public companies the securities of which are listed on any securities market in Hong Kong or overseas. She also does not have any other position in the Company and does not have any relationship with any director, senior management, substantial shareholder or controlling shareholder of the Company.

Save as disclosed above, there are no other matters concerning Ms. Pong's appointment that need to be brought to the attention of the shareholders of the Company nor any information required to be disclosed pursuant to the requirements of Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules'').

The Board would like to express its warm welcome to Ms. Pong to join the Board.

Following the appointment of Ms. Pong, the Board includes four Independent Non-executive Directors representing one-third of the members of the Board, which fulfills the requirements under Rule 3.10A of the Listing Rules.

By Order of the Board

South China Holdings Company Limited

南華集團控股有限公司

Cheung Choi Ngor

Executive Director

Hong Kong, 15 September 2020

As at the date of this announcement, the directors of the Company are: (1) Mr. Ng Hung Sang, Ms. Cheung Choi Ngor, Mr. Richard Howard Gorges and Mr. Ng Yuk Yeung Paul as executive directors; (2) Ms. Ng Yuk Mui Jessica, Mr. Ng Yuk Fung Peter, Mr. David Michael Norman and Ms. Li Yuen Yu Alice as non-executive directors; and (3) Mr. Chiu Sin Chun, Mr. Kam Yiu Shing Tony, Ms. Pong Scarlett Oi Lan, BBS, J.P. and Mrs. Tse Wong Siu Yin Elizabeth as independent non-executive directors.

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