CNT : Establishment of Nomination Committee and Appointment of Independent Non-executive Director

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ESTABLISHMENT OF NOMINATION COMMITTEE

AND

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board announces that with effective from 11 July 2019:

1. The Nomination Committee comprising Mr. Wu Hong Cho as chairman and Mr. Chong Chi Kwan and Mr. Zhang Xiaojing as members has been established by the Board with written terms of reference; and

2. Ms. Lin Yingru has been appointed as an independent non -executive Director.

ESTABLISHMENT OF NOMINATION COMMITTEE

The board (the "Board") of directors (the "Director(s)") of CNT Group Limited

(the	"Company")	announces that a	nomination committee	comprising
Mr.	Wu Hong	Cho as chairman	and Mr. Chong Chi	Kwan and

Mr. Zhang Xiaojing as members (the "Nomination Committee") has been established by the Board with written terms of reference with effect from 11 July 2019.

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board further announces that Ms. Lin Yingru ("Ms. Lin") has been appointed as an independent non-executive Director with effect from 11 July 2019.

Ms. Lin, aged 60, has over 28 years of experience in aviation and business management. Ms. Lin currently is a council member of Xiamen Alumni Association, Xiamen University. During the period from 1984 to 2013, she held various positions at Xiamen Airlines Co., Ltd. including manager of foreign affairs, chief administrative officer, deputy director of general office and consultant. Ms. Lin obtained a bachelor of arts degree in English language and literature from the Department of Foreign Languages of Xiamen University.

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There is no service agreement between Ms. Lin and the Company and she is not appointed for a specific term but is subject to retirement by rotation and re-election at least once every three years at annual general meetings of the Company pursuant to the Company's bye-laws. Ms. Lin's remuneration will be determined by the Board on the recommendation of the remuneration committee of the Board, by reference to Ms. Lin's duties and responsibilities, performance, experiences, time commitment, market conditions and the corporate goals and objectives as set by the Board.

As at the date of this announcement, Ms. Lin (i) does not have any relationships with any Directors, senior management, substantial shareholders or controlling shareholders of the Company; (ii) does not hold any other position with the Company or any of its subsidiaries; (iii) has not held any directorships in other Hong Kong or overseas listed public companies in the last three years preceding the date of her appointment; and (iv) does not have any interest in 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, there are no other matters relating to the appointment of Ms. Lin as an independent non-executive Director that need to be brought to the attention of the shareholders of the Company nor any information to be disclosed pursuant to any of 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 Board would like to extend its warmest welcome to Ms. Lin for joining the Company.

On behalf of the Board

CNT Group Limited

Lam Ting Ball, Paul

Chairman

Hong Kong, 11 July 2019

As at the date of this announcement, the Board comprises Mr. Lam Ting Ball, Paul and

Mr.	Chong	Chi	Kwan as	executive Directors; Mr. Tsui Ho	Chuen, Philip,
Mr.	Chan	Wa	Shek and	Mr. Zhang Yulin as non-executive	Directors; and

Mr. Wu Hong Cho, Mr. Danny T Wong, Mr. Zhang Xiaojing and Ms. Lin Yingru as independent non-executive Directors.

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