Varitronix International Limited announced that with effect from 31 March 2015: Mr. Tsoi Tong Hoo, Tony will resign as an Executive Director, the Chief Executive Officer and an authorized representative of the company; and Ms. Ko Wing Yan, Samantha, the Chief Financial Officer and an Executive Director of the company, will be appointed as the Chief Executive Officer and an authorized representative of the company under Rule 3.05 of the Listing Rules. The board of directors of the company announced that with effect from 31 March 2015 Mr. Tsoi Tong Hoo, Tony will resign as an Executive Director, the Chief Executive Officer and an authorized representative of the company due to his other personal engagement. Mr. Tsoi will also resign as a director of various subsidiaries of the company with effect from 31 March 2015.

1 Mr. Tsoi has confirmed that he has no disagreement with the Board and that there are no matters in relation to his resignation that he considers need to be brought to the attention of the shareholders of the company. The Board would like to express its sincere gratitude to Mr. Tsoi for his valuable contribution to the company during his tenure of service.